IOTA/BTC tested the fib level twice already and the price bounced both times off the support levels. The price also is around the currently established short-term support line.
BB width is contracting and a possible explosion is possible.
LTCUSD is now in the 4th Elliott wave, correcting itself after a short term surge (wave 3). Expect return to the support line and then surge until 250USD (psychological resistance level).
BTCUSD continues to fall after bouncing off the bearish channel that has been in place for 2 months now. RSI showed that the market was overbought and the 2 week bullish growth was exhausted. Expect further decline of BTC with some short term ups and downs in the currently formed small bearish channel. 50 day MA has been broken by the trend as well.
Do not fall...
