On coinmarketcap everything is red for the top 10 coins, btc leading the sea of red. From another perspective, it's shopping time with some good discount ! But do be careful as low might get lower. Be nimble. Big dip yesterday, thought the 7800 zone would hold little longer, now it's around the wall zone of 7500. Added possible channel from the resistance of the descending triangle (pink line). Candles hovering around 100 day moving average on daily candle.
News: -
Short term moving average (day candle) : MA crossover and candle dip below.
RSI : -
Depth Chart : (S)7400, 7500 | (R) 7600, 7800
Weekly Timeframe : -
Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.
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