TRX is having a tough time at the moment, Justin Sun the founder under a lot of heat and it is looking like the TRX holders are starting to sell at big losses right now. We suggest waiting as this has more to fall.
Looks rough but what you got to think, this cannot last forever. Hang fire until the Dominance of BTC (73 now) comes down. Lower these go the more opportunities you have. Have this one on your watchlist, strong performer in the last run and could get some good moves.
BTC is still pulling the BTC pairing of alt-coins further and further down. Go any lower the drops could get more extreme.
Interesting support area for NEO. This has to hold or more downside to come. Overall, when you consider the old price of NEO this is so low. Wait for confirmation but this could be a good trading area.
Looks like more possible bearish behaviour, be careful looking at catching bounces. Big run up and now with dominance in BTC high, not worth touching. Great run if you caught the last move.
The FA with Matic is really good with Coinbase listing and other listenings due to the Binance closure however it may mean nothing if the Bitcoin Dominance remains really high. Don't jump on this based off news alone. Wait for the technicals.
BNB looking bearish still has more drops to come but maybe close to the end of the bearish run. Wait for confirmations of a turn in this pair and Bitcoin Dominance lowering.
Another update on this. We are going higher. More heartache for the Alt-coins holding in satoshi's, not the time to start changing team yet...
Litecoin is in a key area, this could go either way. A lot more bearish obviously. But could start turning around and gathering some momentum.
We are looking weak and bearish with ETH still, even after a small stop hunt yesterday. Very important that supports hold but looking unlikely at the moment. Possible targets look at around that 158 range. Wait for closure.
Everything hangs on what the weekly will do on Bitcoin. Will most likely be bearish as it continues to come down. This could be really interesting for price action. Personally we suggest wait until opening of the weekly candle.
Even with Partnerships and a stronger USD pairing with BTC (at these levels) XRP still looks like it is struggling for momentum. This has a lot of gains in it when the handbrake comes off. Have XRP on a watchlist with alerts for price action.
Supports looking good for ONT. Big point in this is how long can it hold. It really does depend on developments and news within the market that could see the Bitcoin Dominance coming down over the next few months. Be careful with this one. No clear direction yet.
TRX has always had life in it even when Bitcoin would pump but every since the issues in China with Justin Sun, it appear it has only been a one way downwards with the bears. There used to always be some marketing trick up the sleeve of the founder. But has that fizzled out. Worrying times
Nano looks in a great position to move up. It is just waiting to see who blinks first with Bitcoin Dominance and the Bitcoin Price. Nano has some great technology and had some good listenings recently, so could get some extra interest.
Looks like WAN with its news got people excited but now looking to get out. Don't buy this wait to see if it moves forward. A lot of news is coming but it pumped 180% in 3 days. It could 618 on the fib and go back up or it could go down further so wait. But price action means opportunity.
Going over old analysis. Still shaping up strong and looking good. Great if you got in on this with the bullish divergence. It is a really tough environment for altcoins which is why you need to risk small amounts with tight stops. This is just one of the successes you can get with genuine buyers.
Be very careful with altcoins. One big drop yesterday meaning money went out of the alt-market and it actually kept the bitcoin dominance up due to the drop that happened. Don't buy alt-coins with BTC you will lose.