So it finally happened.
We had a gap around 58000, while the market was filling it a big whale selling occurred which lead to this huge dump.
Too many people got liquidated and this correction happened so fast that even the SL didn't work for too many people on Binance (including me)!!!
THe price was supported around the 50K area and recovered immediately to the 57K area which shows a bullish sign.
Now it's consolidating and soon we're going to have a rejection around the 59K prices.
If you're holding any alt coins, don't sell it. don't panic! The alt season hasn't even started yet.
Dumps like this happen all the time and the prices recover in no time.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
We had a gap around 58000, while the market was filling it a big whale selling occurred which lead to this huge dump.
Too many people got liquidated and this correction happened so fast that even the SL didn't work for too many people on Binance (including me)!!!
THe price was supported around the 50K area and recovered immediately to the 57K area which shows a bullish sign.
Now it's consolidating and soon we're going to have a rejection around the 59K prices.
If you're holding any alt coins, don't sell it. don't panic! The alt season hasn't even started yet.
Dumps like this happen all the time and the prices recover in no time.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
