Post an impressive bullish streak for a few months, the 61.8% Fibonacci resistance reignited the alt’s bearish tendencies. The decline from the $0.08-level helped the sellers to recoup and find a close below the EMA ribbons. The next few candlesticks would likely affirm or invalidate the bearish inclinations. An extended bull rally could help the […]Post an impressive bullish streak for a few months, the 61.8% Fibonacci resistance reignited the alt’s bearish tendencies. The decline from the $0.08-level helped the sellers to recoup and find a close below the EMA ribbons. The next few candlesticks would likely affirm or invalidate the bearish inclinations. An extended bull rally could help the […]
