The chart speaks for itself. Make sure to have your funds in a safe place BEFORE 1st of August, under no circumstances leave them on exchange (unless you dont mind losing them). Unfortunately, I am not able to predict what will happen after the critical first day of August as the situation is highly complex. One thing is for sure, fear and uncertainty will be...
ETHUSD Update: Yes it looks ugly, but it still has not broken the 160 major trend support. Bearish momentum is persistent and has taken this market back into the 160s. In light of the bigger picture, the bullish trend is still intact and 160 is the .382 of that trend. If price trades below 160 for more than a few hourly bars, I will adjust my major trend...
Just having some fun in response to the "LiteCoin in the Final wave" post. I think it is always a good idea to step back and look at the big picture. Keep in mind that Litecoin has had this boom in large part because it's tied very strongly to Bitcoin charts, and bitcoin has also rocketed from 1200->2600 in the same timeframe. If Litecoin goes down, Bitcoin and...
Litecoin has been on a roll lately, and for very good reasons. Technical Analysis: Earlier Litecoin broke through a strong resistance level with high volume. Turning the level to our floor. Litecoin has been going down for a few years now and it seems like a perfect time for a huge pump, if the fundamentals can support it, which it definitely could. Buy...