If BTC gets into the orange zone we might see some more downward action. This has to do with the Mt. Gox settlements which creates large downwards pressure. The first settlements have not even been paid out. Let's all pray to god we never touch the red area.
ETH has shown real resistance at the 2800 mark. If we get into the green it might be a good idea to open some long term longs. If we hit the red marker, abort. If we get a new rally upwards we might be in for some altcoin action too! This is not financial advice.
With all the bad news it seems BNB is going to go below support of 250, if it does watch for a rebound around 220, if we go lower than that we might be going down even more.
This is not financial advice.
A new short trade on ETH, it just broke todays sideway trend down, it will probably go down and hit resistance at orange, if it breaks down it will go to the red zone. This is a very short swingtrade, no longer than 24 hours. Also this is not financial advice.
We broke out of the 24 hour side-way trend. We will probably see a short uptrend (orange), if we hit the second green box we might even see a bit more (green). This is not financial advice, I use this to day trade. This is not for taking a position for more than 24 hours.
