Cryptos Turn South For A Deeper Correction

Cryptocurrencies are still testing the lower supports after a reversal that we saw last week, so this may indicate that correction will be deeper and that we should be aware of more short-term weakness especially if USD will see more upside. Also, stocks have some resistance here when looking at SPX, so reversal down on stocks can also cause some more damage on cryptocurrencies.

Video Length: 00:16:14

 


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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only. Visit www.wavetraders.com for more ...

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