Without going into too much detail, let’s look at how some of the crypto charts look as we transition into the weekend.
$BTC‘s daily chart looks pretty dumpy – it looks poised for another breakdown. And if you remember looking at last Friday’s Technically Speaking, the next major support level for Bitcoin is on the weekly Ichimoku chart at $20,781.
The lowest daily close for $MATIC in 14 months is in the cards – it looks dumpy.
A king amongst dumpy-looking charts is $ADA‘s. Oof is all I gotta say. It’s looking pretty close to hitting new 2023 lows and new 2-year lows. Dumptastically dumpy.
Nothing light about the dump $LTC may make here.