SPX500 is trending down at the moment. Has a potential to retest the recent low before a pullback to 13 DMA & back below. We will sell 13 DMA as well as Down Slopping RED Trendine for Yellow Zone Targets
BTC bull are facing an ultimate test. If they want any fighing chance for survival, they must cross 9500 & close there for 2 weeks in a raw for weekly candle. for now, we expect a big candle down on daily chart in 72 hours
#Litecoin is waiting for an upside break. Depending on how you draw your lines, different analysist have different breakout zones. We believe it wont break upside today. LTCUSD wil consolidate below 178
Today's BUY & Sell Zones for Ethereum, ETHUSD
As promised we will keep it simple. We believe BTC will retrace back lower after tasting 200 DMA, it may pop a Little higher but has the potential to pullback from 9400 Area where multiple EMA in different timeframes collide. The Blue Lines on the Bottom will act as support.
We are selling ETHUSD now. We will add more on bounce to 580-600 area We are targeting 496 & 460 as next downside target
Those who are asking for Intra Day BTC Levels, here are the Stall Zones. Price can stall around 1 & 2. Those with strong heart can buy if those stall zones are worth risking the capital
LITECOIN is in a very interesting Zone. It has a potential to go either ways from here. Blue Line & Yellow Zones BUY Areas, RED Line & Red Zone Sell Areas. Break of 176 & close Above will signal short term reversal & 230 will be next upside target. If LTC wants outperform BTC than it must post 20% Gains in single daily Candle and Cross 176 with conviction
BTC has closed below 200 DMA and today we expect 13 DMA to crossover 200 DMA which signals outright bearish scenario. BTC may attempt to jump but will fail on our RED line / 13 DMA Mark. All Blue Lines are Support Area & BTC May Hold these lines. Every time one line breaks on the downside the next Line comes into Play as next downside Target. Bulls need to wait...
Sell BTC around RED Line, Take Profit around Green Line. Its an Intra Day Idea.
LTCUSD is bouncing, potential to reverse around 166, Next Strong Resistance 174
As expected BTC broke downside support and closed below 8700. We are expecting wide collateral damage on the Altcoin Market as well as ICO Market. Check out Next Support & bounce levels.
BTCUSD eventually broke the downside support. Next Support 8500 before breaking lower. Intra Day Levels & Targets for Scalping. Sell Red Line if it gets there and Book Profits around 8500 Region.