Looking at the daily chart, BTC has been trading sideways for almost two weeks now. This is a good sign that the buyers and sellers in this market are finally settling on a value level for BTC. There are a ton of people still posting charts of giant head and shoulders patterns, inverse head and shoulders patterns, and downtrends that do not seem valid anymore....
Out of the main large cap coins, LTC has shown quite a bit of strength through this overall down trend we've been seeing in the crypto market. Looking at the daily chart, LTC has slowly pushed the downtrend (shown in orange) upwards. LTC has challenged the upper portion of the downward channel but hasn't made a major breakout past it yet. Look for $185 to be a...
ETH has been stuck in a downtrend (shown in orange) since the $1400 ATH on 1/13. Keep that in mind before deciding that ETH has suddenly become bullish. ETH has four different sources of resistance; the upper part of the orange downtrend, the pink resistance line, the maroon 20 EMA of the Bollinger Bands, and the blue 50 EMA. ETH finds support around $500 shown...