BTC: Rejected at the resistance at 54891 and the nearest support is at 51200. 51200 looks to be good support and BTC may move lower to 51200 for a bounce . This bounce may provide enough gas for BTC to move to the next resistance area at 61435
XLM rewards well but doesn't give buyers a chance to get in as it moves up fast. XLM is for patient but strong hands only. XLM Major upcoming targets are .00002053 and .00002748 btc which are approximately 1.12 and 1.50 dollars.
ALTCoin Season Time and BTC Dominance moving down to 39. Stash up on your favorite ALTs and get on the bus. The mass of red candles down represent Whales and institutions rotating liquidity into the ALTS.
ETHBTC: Head and shoulders Accumulation completed target .0638 or approximately 3400
ETHUSD: The ETher headed to 3k and other unknown areas - Deepening on what shape ETH is in at the 3K level we can determine ETH's next move
BCH Descending wedge accumulation wrapping up and should produce a move up to .0246 btc - approx 1400. This is not trading advice but....better get some of this
LINKUSD: Currently at resistance and could move to 50
BCHUSD: Possible hypodermic top with detour to 1500
ZCASH - Bullish MA20/MA200 cross on the weekly - Target 350
This is a challenging postilion BTC is in as this BTC pattern is also a distribution pattern. Distribution means there is a chance BTC can also move to 43000 or even 38000 level for a bounce if rejected at 58000 or 60500 . Why is this ? ================= Because the current challenge facing BTC is the high volume bearish candle at 60500. The red volume...
This pattern is also a distribution pattern so ADA has to confirm its bullishness by : a) Moving price above the yellow Dashed line which is support now turned into resistance and also b) by closing price above the top resistance at 1.38 To get things started in the right direction a close above the yellow Dashed line is required .
* BTC :Needs a daily close above 53k to move to the 57k resistance target . * A successful close above 57K also leads to the 63k target. * However if BTC is unable to close today's daily candle above 53k then BTC can move lower to 43k for a stronger bounce upwards.
This looks similar to the move below and BTC could move to 77k. However this move is cancelled if BTC closes or moves below 43k
LTC looking determined to get to 390 and 448
XRP - Contemplating movement to 2.50
UNISWAP: Eyeing movement to the 58 spot
XLM : slow as molasses but still heading to 1.20