Lots of the alt coins are showing Head and Shoulder patterns. We are in for a rough ride if any of this happens.
I would expect a bounce off the first support zone and then the market will decide what happens next.
Play Safe.
Disclaimer
Answer42 is not responsible for any losses incurred as a result of following trading signals mentioned and cannot be held accountable for any direct / indirect damages as a result of following the trading recommendations. All trading recommendations are based on hypothetical probabilities and there is no guarantee of results. Traders are advised to carefully evaluate the trading signals, manage risks and trade according to their own judgement.
I would expect a bounce off the first support zone and then the market will decide what happens next.
Play Safe.
Disclaimer
Answer42 is not responsible for any losses incurred as a result of following trading signals mentioned and cannot be held accountable for any direct / indirect damages as a result of following the trading recommendations. All trading recommendations are based on hypothetical probabilities and there is no guarantee of results. Traders are advised to carefully evaluate the trading signals, manage risks and trade according to their own judgement.