Hey Traders, As you can see Bitcoin did not quite break 12k today. A possible reason for this is because the 2nd largest amount of volume in Bitcoin was traded at 11.6K according to the Volume Profile. It is going to be hard to breakout of this level and we will need additional bull volume. On a positive note, I don't expect bitcoin to go much lower unless...
LTC/USD looking bullish and has a lot of room to run! We saw a major volume spike with bullish run right before the hardfork, but the buyers havent left. Litecoin is forming some clear resistance around the $225 level and could act as a great support as we push to new highs. Keep in mind Bitcoin has to continue its bullish run for us to get a clear breakout in...
Hey Traders, We have seen some bullish confirmation due to a green volume spike of buyers past the CRUCIAL $10,000 level. Going forward be diligent in doing research and seeing volume build into the next rounds of confirmations. The chart shows heavy volume around the 12K level so that is we will indicate that as the next level of resistance. Once Bitcoin breaks...