BTC is approaching its main trend line which has acted as a support and resistance in the past. Along side this we are also approaching the 200 day moving average which is a key support level to hold. We have support in the range between 8500-7500 USD value which could potentially along with the other two support's mentioned above give us a nice point to make an...
Did we start a downward projection? Would be nice to hear your thoughts!
XVG has been heavily overbought in recent past. I believe if we break certain supporting trend lines, we could see a significant drop-off. I would wait until we see CLEAR indications of a trend reversal before we take any positions. Trade cautiously!
almost retesting is done and now time to short. If you find this analysis useful then like and comment ;)
BTC entered the channel then bounced. 0.382 Fib line and center of channel is 10.000 BTC. More down?
Well , according to the past data of VTC/BTC there is some regular double bottom pattern and the sine wave is currently in a resisting zone. Once it crosses I guess it will follow new pattern.
BTC possibilities if BITSTAMP:BTCUSD 3D pivot closes in the wedge we might go up some more