BTC Long-term view BITSTAMP:BTCUSD It looks like price action is very similar to May 2014 when bitcoin rose up to previous resistance only to fall hard. With this outlook, we still have at least another year or two before bitcoin is ready to see new highs and we could see a longer accumulation zone under the lows from this year. I don’t think the accumulation zone will last as long as it did a few years back, but i would love to buy some under $3000. With this outlook, i think we will see that opportunity again, but not before we meet the resistance around $6000. Many alts will see new lows and many will die so whatever you do don’t fomo and stay patient
Cheapcoin
Short term for DENT!Dent has been falling since listed on Binance. With growing the capital market, there is a big chance that a lot of investors will invest money in relatively cheap and stable coins to make a lot of percentages. It is currently consolidating. We can see a big move from DENT in a few days, indeed, it can happen even today. Let's watch this coin out. A lot of opportunities in this market right now.
Enter:
0.00000032 - 0.00000040
Sell:
1. 0.00000052
2. 0.00000064
3. 0.00000080
4. 0.00000105
Litecoin Charlie Lee has tweeted that he will "help Litecoin to ATH" before selling more of his holdings. For the dollar pair this means +80%. This is not on it´s own a signal to buy. The charts for Litecoin has been very depressed in the later part of december and underneath ther isn´t much support. Though has both the BTC and USD pair fibbonacci levels which the price can bounce of. The RSI behaviour is also giving me indications that we possibly is near a bottom. I remain cautious but watching for buy opportunities if fibbonaci levels are confirmed and substancial volume comming in.