Litecoin formed a beautiful tweezer bottom yesterday on strong support, once again it has signalled the reversal for BTC. $102 in the next strong area of resistance with a confluence of previous supports.
Someone opened the gate for they BULLS
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BCH has shown some signs of strength, $270 has acted as strong support over the past three trading days despite the increasing Bearish indicators and sell side volume. For a recovery to happen, unfortunately BTC most likely needs to lead the way, but with such poor sentiment, there may be a few more days of pain ahead.
Bears are in full control of XRP and until BTC finds a bottom, the pain continues .29 is the last support level with the 2018 lows not far below. Stoch and RSI attempting to turn positive fro,support
It fells very much like we are sitting waiting for the inevitable to happen and we drop another $12 to the golden pocket. The market sentiment has become extremely bearish and Bullish volume is no where in sight. Defending the 200 EMA is now the priority but haven been tested already, 1 more push by the Bears and it will capitulate like all the levels before it....
It probably was not what the US Treasury Secretary imagined would happen when he took to live TV to lambaste Crypto Currencies, but somehow he managed to ignite a $600 reversal from a very critical low level. Thanks you Mr Steve Mnuchin. It has given temporary relief to the bulls but the rally of the lows today has not been followed up by adequate volume to...
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Crucial 12 hours for BTC and the entire crypto market as sentiment has turned extremely bearish and and Crypto Domesday dominates twitter again. If current supports fail sub $1000 very likely and a dreaded H&S in play. Current supports .5 FIb 200 EMA Uptrend
With the lows of LTC/BTC it is possible that it can create some dip opportunities to grow you BTC in these lower time-frames. When BTC pumps the satoshi values will fall. When BTC corrects the satoshi values will begin to return. There will be an alt-coin season and you will see these lows trend up and up. People will miss out if they sell their coins for BTC as...
Need to be careful here, possible wave failure on ETH is likely if this 4th wave keeps on going, it will ignore the Elliot Wave rules. Wait for a turn if you are going long, if short. I wouldn't look at entering just yet, you could catch a falling knife. Big DROP in USD with BTC dip today. Seems like people are dumping alts for BTC in an act of desperation fomo...
4th wave of BTC in progress on this retracement. Feels ugly but it seems pretty normal at the moment. Wait for the turn and look at possible long position in the dip. Seems to be respecting the technicals at the moment. USD pairings on alt-coins have been hit hard though. People are dumping their coins for BTC at the moment.
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Looks like ETH is coming into a 4th corrective wave down before a 5th impulse up. If this is going to continue in USD with BTC it seems likely that it would test those yearly highs so far. ETH always runs with BTC in USD value but at the moment it is a little off but it seems to add up to the fact that this is a corrective wave. Wait to see what level it will...
The Bitcoin Dominance chart is showing now sign of slowing down... It looks as all the fomo is taking effect into BTC and record volume with increasing value is taking effect. This is also having a trickling effect on ALT/BTC values currently with them going down to VERY low key levels and all time lows. Possible opportunities in the future with alts but not...
Will we see a $13,000 BTC again. The previous published idea on BTC showed that it was possible as a move up with a 3rd wave impulse on the 6 hour. Looking good so far with a move up into the $12,600 regions. FOMO could go crazy with BTC if people decide to dump their alt-coins to jump into BTC and it will most likely smash through All-Time Highs again. Be...
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