Market analysis

🌴FREE CRYPTO INDEX ANALYSIS UPDATE🌴

What are the chances for an uptrend ❓

• Yello, ladies and gentlemen😎!

💎Based on our previous CIX analysis, a bullish case was expected upon the break above the 257,000 resistance. The bearish scenario was expected upon the daily break and close below the 239,00 support.

💎The bearish scenario took place and the price fell to the 227,000 support. This is likely to be a critical demand area, a decision-making point for the medium-term price action. Because currently CIX is facing double Fibonacci support, and so far it has been respected.

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