Looking strongly bearish on INTC at close today. 🔉Sound on!🔉
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Downside
NVIDIA: More probable downsideI review NVDA on larger time frames. There is a tremendous fight between the bulls and bears at a 23.6% retracement on the Daily time frame, with momentum heavily for the south. NVDA has suffered the worst fall in its history. It is still a bear market at least on the Daily and Weekly time frames.
XRP/BTC - Talk About Bottomless Pit! Really quick video on XRP / BTC paring since it's been over a week since i updated.
In a nutshell, price action has played out exactly as I expected and mentioned in the last video. IT"S GOING DOWN. In that previous video, I mentioned that I thought price action just wanted to move back to the 200EMA on the Daily chart and that appears to be exactly what it's doing. We are only about 300-400 satoshis off from hitting that and my guess.... we are going to hit it.
Brightside... we could see a good bounce back up, but it will probably be short lived just considering how this pair moves. Who knows right!
I will say... at this level, I think this is great buying ops for myself, but don't take my word for it.
I hope you enjoyed... give a like and let me know what you think about XRP paring with BTC.
LTC/USD - Which Way She She Go??Quick update this evening to follow my previous video and updates over the past couple of days.
We saw some price action put in a little movement to the upside, which slightly expected, but I really thought we might see a little more downside then we did. We did hit spike down to the $200 mark and pull back.
Running through my charts this evening, I'm still seeing a potential for downside, which i explain in the video, but i'm not as confident the dip will be as deep. I could be wrong, but it would appear we're getting a the start of a bit or roll over, but only time will tell.
While I'm still bullish long terms, I'm not complete sold that we a full on bull and i should be considering to add to position. I'm going to hold for now and see how tonight and tomorrow play out, as i still think sub $200 is possible.
XRP/BTC - What's Our Downside?While I would like to stay that XRP it about to go on a massive bull run again, I just don't think that's going to happen yet.
I'm thinking we are going to see more downside on XRP and I've identified to downside targets potentially.
We shall see...
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