Not looking good. If support fails there is a big gap to the next level.
Currently i'm short on gold. The green areas are where I will look to go long on gold.
If XRP can hold above the red line, this is a good indication of the trend shifting upward.
I'm looking to pick up some LTC in this area.
Here was my long entry for BTC.
If BTC bounces, look to short it at this level.
Here is my short entry for BTC.
This is what I want BTC to do to indicate to me that we are in a bullish trend.
This is my entry target for BNB. *Ignore my strategy tester below, it's set up for BTC/USD.
Here is my short entry for BTC (6763). Don't forget to set that stop loss!
Here are a few key levels and trend lines for BTC. If we fall below our current support, you can expect a bounce at those levels. I've also included fractals (the dotted lines) to help identify levels gained and lost. You can also see where I've went long/short on past trades. Good Luck, and don't forget to set that Stop Loss!
Here is my prediction for BTC if we continue to hold this support.
SALT tried to make a cup and handle but lost support. We could be going down even more from here.
This looks like a decent area to short BTC or move into USDT. Don't forget to set that SL and good luck!
Lets see if BTC can hold this support, and hopefully make a new level. Don't forget to set that stop loss!
I will be switching to USDT if this scenario plays out, and buying back BTC on the dip. Rinse repeat.
I will be sitting in tether until all of this calms down. This is a very risky time to be trading, be careful guys. Good Luck!