Following some relatively modest gains last week, it’s back into the red for the majors at the start of the week. A fall through the pivot levels would bring support levels into play before any recovery.
It’s been a particularly bearish first half of the week for Binance Coin. Failure to move back through the 62% FIB of $273 would leave Binance Coin in the deep red for the week.
After a bearish week, the majors will need to move through the week’s pivot levels to avoid another week in the red.
It’s been a bearish first half of the week for Binance Coin. Failure to move back through to $320 levels would leave support levels in play.
It’s a mixed start to the week for the majors. Failure to revisit last week’s highs would leave the majors under pressure, however.
It’s been a bullish start to the week. Avoiding the week’s pivot level would leave resistance levels in play and give the bulls a run at $400.