As you can see on BTC we have broke the main support the RSI displays loss of momentum and we are seeing huge sell offs.
We have support at 9289 which is where the 200 day ema lies and the .786 FIB.... Will this catch us??? Depends on the market buys at the moment with loss of momentum no it won't..... the likelihood of hitting 6K is very real.........
WEe will have strong buys lean into the market at 6K which should give us a nice bounce.'
BTC had to crash to create a strong support to continue up for the rest of 2018.
If we don't get buys at $6,000 YES we will go to 3k......... this is the next support.... time to short people!
Binance update loads of drama please see their announcement below
BINANCE ANOUNCEMNT
PLEASE READ Regarding Unauthorized Market Sells
We are investigating reports of some users having issues with their funds. Our team is aware and investigating the issue as we speak.
As of this moment, the only confirmed victims have registered API keys (to use with trading bots or otherwise). There is no evidence of the Binance platform being compromised.
Please remain patient and we will provide an update as quickly as possible.
Edit: Withdrawals are temporarily disabled at this time.
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