Technical Analysis and Outlook
Despite the Bitcoin, weakness, the short/term upward move has materialized by completing Inner Coin Rally $3948; however, traders and investors should continue to be cautious with the coin as the cryptocurrency might form a break-out move to attack the Outer Coin Rally $4161 - as of this posting the is no Trade Selector Signal conformation.
The firm Mean Res $4070 and Key Res $4243 remain to be a significant obstacles, while support is found at Mean Sup $3560, and Mean Sup $3360 are in place. (For more Market Commentary, please visit the TradingSig_dot_com).
Despite the Bitcoin, weakness, the short/term upward move has materialized by completing Inner Coin Rally $3948; however, traders and investors should continue to be cautious with the coin as the cryptocurrency might form a break-out move to attack the Outer Coin Rally $4161 - as of this posting the is no Trade Selector Signal conformation.
The firm Mean Res $4070 and Key Res $4243 remain to be a significant obstacles, while support is found at Mean Sup $3560, and Mean Sup $3360 are in place. (For more Market Commentary, please visit the TradingSig_dot_com).