Bitcoin appears to be falling to a downtrend momentum and attempting to re-test it's support. I've identified $27k/$28k areas as the first major support and currently shorting to that first target. If BTC fails to get supported around that area, 18k is the next target.
EOS has been demonstrating negative momentum over the past couple of days. If the price continues it's current trend, another dive to the downside will be likely. I', currently short.
Bitcoin continued it's raise over the past few day without showing any signs of cooling off. I believe a correction is due around the $24600 - $24800 range. If we hit that range and get supported, I'd be looking long this setup. The timeframe I'm looking at is the 2H. We should see some sort of action soon.
I have been monitoring EOS for a sometime now. After it's recent capitulation, price found support at bounced back to the upside. The $2.53 area is being tested again. I believe if we hold this area, a move to the upside with a potential target of $3.06 is possible. My current stop is $2.48.
Bitcoin was constantly being stopped by a resistant line at and around $24k. It seems that as of yesterday price broke the resistance line and is preparing to make another move to the upside. I don't believe the move will happen immediately. It seems a move to the downside to test $24k as support is more likely. I have long orders prepared around the $24.1k and...
The price of have finally broke above daily resistance line and seem to be turning resistance into support. I'll be entering a long with a view to hold this trade for while. Stop loss is set below the red line.
