These are hard conditions to trade with traditional markets doing a major pullback alongside with bitcoin being bearish. It's often best to stay out if unclear, however there are numerous opportunities still to take safe trades provided you use tight SLs or buy into weakness and sell into strength. Personally I do believe we indeed are very close to a trend...
Major support zone starts from 4.1k - 5k; this was the region in which btc traded for a substantial amount of time Minor support zone starts from the november low of 5.4k up to to the october's high of 6.45k. There are good fundamentals for this continuation of the downtrend with the most significant one being the credit card bans by Bank of America and JP...
Ethereum starting to look bearish on the weekly and monthly but it is still slightly bullish on shorter timeframes; we are nearing a top.
Currently LTCUSD is painting a very interesting chart. Short-timeframes suggest a bullish leg up to retest the downward trendlines Medium term is only slightly bearish with sell volume decreasing suggesting that buyers are starting to take back control. Long term LTC is still bullish and this correction was much needed with how exponential crypto has been...
Btc has been in a neutral symmetrical triangle pattern with a downwards bias for the past few weeks with declining volume due to the holiday season. The time for a decision point is very near - an increase in volume is needed for confirmation of either a trend reversal or a price breakdown. But so far volume indicators are starting to paint a bullish...