Bitcoin COINBASE:BTCUSD is currently forming a symmetrical triangle. We expect a continuation of the A,B,C,D,E correction. As currently pictured, we are on wave D, the corrective wave E is expected next. Side note: We do not need to complete wave E to breakout to the upside as momentum can carry us to a bullish continuation of our previous trajectory. Wave D...
Seeing some retracement here to the 14000 level a good buy now but for those of us with patience you could get a better price. A break above 14500 could result in a visit to 15100 to 15300 on its way to 16000 by tommorow afternoon. On the contrary if it breaks below 14118 could visit 13800 to 13500 level.
IOTA is a good buy from here but can see some retracement to 3.90 if it breaks 4.02 with momentum then it could visit the 4.20 to 4.30 level by early tommorow morning if it breaks below 3.89 it could visit a weak floor at 3.72 level on its way to 3.59.
LTC has had it hard but a recovery is in process . A break above 247.85 with momentum could revisit 260 to settle around 253 by tommorow morning, on the contrary a break below 241.60 could result in a visit to 235.50 if breaks this level with momentum could see 229 levels again