With every big move up there will always be a pullback. This looks more and more likely to come down. Appears to be in a good area of support, just depends on how strong are these bulls?
This is not a call but an observation. We have shown some signs of weakness. People will be taking profits off the table. Personally. I'd suggest waiting for before jumping into a panic decision. But so far weakness has shown.
Yep, still hoping for this to drop with a little bit more interest to come from the alt-coins in the industry. Seems to be holding well and it is a very slow drop. 66% is just one target area but that is a support. From that point? Who knows. 40% would be nice... ;)
Still feeling bear at the moment, not enough drive or conviction from the bulls in trying to pull this out of the zone we are currently in. I'd wait for clear direction, as it stands it needs a big injection.
ETH Still looking very bearish. I'd be careful looking at long's when you consider this weekly timeframe.
Starting to look more and more likely we could see some higher price points with XRP due to the swell conference. More demand = higher price. Always good in my book.
Well... This does look like bear hunting season for ETH. If we lose this support region expect a big drop down and it could get pretty bad if it does hit the 156 regions.
It's about to get interesting. We vote it is coming down before it goes back up again... What are your thoughts?
Might be a huge clue with certain events happening and XRP swell to name one that this could bring the dominance down with further interest in the hype of the conferences. Biggest problem YTD so far has been the dominance of BTC making it super hard for any trading. But with the bearish trend setting up now we could see more green in the altcoins
One big push early this morning then a drop has happened. Stated this on a zoom yesterday that a possible pump and drop could be possible as we do look weak. Now with the bears appearing it looks set to go back down
Looking weak still. Little tail appearing on the H-A Candles with a clear resistance hit. More than likely looking to retrace from this point.
I know this might be short-lived but it is nice seeing some alt-coins move up with the BTC dominance coming down. It is long overdue and this could spark some nice Q4 interest in the alt-coin market with some good developments in the air.
We see some weakness on the 6 hour. After a short rally yesterday bulls looking like they've given up again. Short call still valid from previous highs.
XRP is starting to look good. Possible area to start to climb into a trend. Things could start moving up. Be careful with the USD values overall. Might be worth checking out the BTC pairing too.
This could be a very interesting area where we could fall from. Big region that could make some alt-coins move up even higher from their existing supports.
BTC showing a tail on the 6 hour, could show a sign of weakness and a possible retest of the 8K region again. Having had a good run up the last few days. This would show that momentum is starting to change.
Bitcoin Dominance... Rejection on the MA's starting to come down slightly after the Bitcoin drop... Could this mean further downside if BTC remains stable?
Tough region but I for one will not be selling anything just yet. This is the prime bounce area if anything does move. What goes down tends to bounce back up with opportunity and dip buyers.