AFTER SEGWIT 2X CANCELLATION, CAPITAL FLOWS BACK TO BTC (November 11, 2017)
Following the cancellation of Segwit 2X, the pump has been withdrawn and as a result, alt coins are back to their initial trading ranges. Coincidentally, these reversals happened at key Fibonacci retracement levels drawn between August-September/October Hi-Los. Let’s see what happened yesterday.
MAIN RESISTANCE TREND LINE AT $0.22 CAP ALT COIN NEM RALLY AFTER SEGWIT 2X IS PUT OFF
NEMUSD Daily Chart for 11.11.2017Based on our conditions yesterday, NEM price action failed to close above $0.2
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