Few weeks have passed since I did my last Weekend Technical Analysis Fiesta. Seeing how the market finally saw some volatility, it's a perfect moment to do another.
My short-term view on the markets
BTC has fallen through the main bullish support which held the upward trend going all year. Considering we're coming out of a very long period of low volatility and the fact that stocks are falling, I'm anticipating more bearish price action. 20k is my next target. In the long-term, DCA'ing below 20k looks like a great strategy to me, especially alts.
๐CRYPTO FIESTA๐
Comment your favorite crypto below and I'll do my best to make an easy to understand technical analysis on it. Will be making these analyses all weekend!
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