BTC currently holding on to 9,9k support, which probaly wont hold for long.
A 1000 point correction would be in place.
Will be looking for entry around 8,8k - 9,2k.
Also notice volume has been declining since june 24 on the daily chart and is currently pretty low.
One more leg down to create a double bottem and hopefully alot of volume will come, this could give...
Right now we could bounce back up from 10300 usd and break the little blue wedge that is in play right now. if we do its possible we break the orange wedge on the bigger timeframe aswell and go back to recent ath.
if the right shoulder fails i would say 9k is next. goodluck trading and thumb up if you find this TA usefull.
10300 would also be a good short term buy...
LTC is looking to break out of a ascending triangle
Some news about ltc just came out aswell which is really bullish.
Litecoin Holders Can Now Spend LTC at Thousands of Stores Across the US on Crypto Network Flexa
Flexa reportedly has a long list of big brands on board, including the following retailers.
Barnes & Noble
Bed Bath & Beyond