So where are we heading in the couple of hours, probably seeing more downside, since alot of early levels are already been tested.
Aiming for 3200 or lower, at the moment i opened an big short position in bfinex!
Short the ponzi :)
. BINANCECOIN/TETHERDOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
. There is a possibility ...