momo510
Looks like bitcoin will down trend some more and bounce off of the outward down trending channel. Then it will start heading up. What I see essentially is higher low. And most likely will bounce above the previous lowest which was $5900. So will bounce between $6000-$6500 and will head up again.
without complication, the chart shows that litecoin is heading downwards most likely as like all the other coins in trails bitcoin. However its engulfing 2 bearish triangles so I'm waiting between 3/16-3/20 before it bears down. what do you guys think? any thoughts?
Looking at BTC its now bouncing between the support and resistance. Its either going to break up or break down. Move likely bearing down eventually before it break and bounces back up.