After the Big bubble of 2017,reaching $20k ,getting banned in China, having Regulations increased in South Korea and the closing of anonymous accounts which account for 30% of all trades in that country,having regulation increased in every other part of the world , Bitcoin the legendary crypto currency has succumbed to the market forces and regulatory prices...
Litecoin has broken from the downward spiral and is now consolidating and testing resistance at 184.Upwards triangle with a straight top is bullish.Target is at 220 from the previous trendline support levels.
Overheated australian dollar should fall a twinkle to 0.8 to trendline support from its current level of 0.81.
The long term direction of the Aus/Usd is bullsh.In the short term it will fall to stabilise its momentum , as traders see overbought levels. sliding alongst the resistance curve.
The time has come for ripple to face a sideways momentum for the next couple of months as it unwinds after high gains .The coming crypto crackdowns by the world gov will make it harder for alts to go up as hard as they did before.
Its now down and has been trending sideways for the past 2 weeks after topping the highs of 19600 last year.
But look for the trend to continue after the sideways triangle was spotted, bullish sign.It should climb to the levels of 18000 again.