200 EMA 1D is approaching. USD is in freefall. Many important MAs converged on the market trend today, i can only speculate. One last slam down to touch corrective line? Or the very first baby step of the new bull run? Time will tell. We are expecting 8k, maybe the whales are taking advantage of that. A break down is a trip to 9500, below that the magic...
LTC-BTC pair looking bull. ETH chart coming shortly, same BULL pattern.
A clear W trend reversal has emerged. To the newbs - A correction is not a 1 hour event. Historically 4-5 days before we see the bottom. We May retest new ATH, if we fail to break it we will see a large needed correction. Notice after ATH, 20% pull back, recovery, then sideways movement. This is textbook for BTC. Everytime weve had a major correction we have had...