BTCUSD Outlook has changed to bearish with a target of 8k after the bull trap has played out. For the next few days the trading environment for Bitcoin will be tough. On the bright side on the weekly chart Bitcoin is still technically bullish.
$OMG is sitting on trending support above the Daily cloud, should get a continuation to the blue box target at .00185
XRPBTC expected to make some impulsive runs with some chop in between. At this point I see it easily breaking previous All Time Highs. Keep an eye on this bullish channel.
$XRP Update Consolidating within a continuation pattern, its more likely to break bullish than bearish. Typically these are 50/50. If it does retrace, then it buying the dips at support will be the best move as XRP is still very bullish on larger Time Frames.
$ZEC bullish fractal is going to play out. Attention from ZCL is also going to ZEC. Volume looks good after trend line break on the hourly TF. Early bird gets the worm here - hold until $ZEC hits .1 $BTC
Trending support is still holding here but volume is getting weaker. We have two possible scenarios - bullish breakout to new ATH or a potential retrace to lower support.
$LBC Fractals are at play, volume and TF analysis hints that this is a short term accumulation period after breaking the downtrend resistance. Once we exit the blue box the breakout will bring an impulsive move up to our target. Hold for a few weeks and reap the rewards of patience in a month.
Zclassic ($ZCL) is in FOMO mode right now because it will be airdropped/hard forked into Bitcoin Private in January 2018. Total circulating supply BTCP: 18,500,000 BTCP (supply BTC + supply ZCL) Max supply BTCP: 21,000,000 BTCP Every BTC you hold = 1 BTCP and every ZCL = 1 BTCP This catalyst will cause people to fomo based on speculation of a higher BTCP price...