Measuring the price drop percentages over the past year clearly demonstrates the average price drop of BTC during a correction to be between 30%-40%
Least recent price drop = 54% !!!
In the words of Dan Peña (Not a fan, just saw a viral clip on FB from his interview "The 50 Billion Dollar Man"):
IT'S NEVER GONNA GET ANY BETTER THAN THIS KIDS!
This is the Eye...
I see correlation between previous correction and current bearish trend, especially after the recent announcement from coinbase denying circulating rumors about adding new trading assets, not necessarily pointing fingers at XRP in particular, but rather to stop the rumor mill and perhaps avoid insider trading accusations like what happened with BCH
Litecoin appears to be forming a Double Top reversal pattern around $345 , and buying power is decreasing, this might be the end of a great ride (for now), and a good sell signal
Proposed Resistance Levels:
Resistance 1: $320.00
Resistance 2: $345.00
If it does complete the double top formation , and nothing unusual happens "news wise" that could give...
Execuse my simple TA i'm new to this, but couldn't help but notice the OBVIOUS Bullish Pennant Continuation Pattern for XRPUSDT that's about to break, that's a clear Buy Signal.
For the short term, Looks like we're going to $0.95 - $1.20
In @Kryptokelly 's words: The Most obvious buy in my cryptocareer!
Hope this helps, your feedback, thoughts and comments...