just drawing a few lines and making a few boxes.
I think bitcoin looks great. tested the danger zone multiple times over the past month (hot lava). It found the old ceiling and made it it's floor. my 2 cents. im not selling anytime soon. i think it'll run sideways a bit and keep everyone on their toes for sure but i'm not worried.
not sure ETC can get any lower. on the 343min chart the 7 MA is crossing the 77 and the 231. and on the daily chart the 7 is crossing the 77. if the 7 can get to the 231 on the daily chart that puts it right in the money zone, and if it can stay there and gather steem the sky is the limit. well hopefully anyway. just my take on it.
Litecoin is looking pretty good. all the moving averages are coming together at the bottom , so look out! could be a break out soon! especially if the 7 jumps up above the 77 and the 231 :)
I think this chart puts bitcoin in the right perspective. showing that its not as parabolic as some wound want you to believe. i think its important to look at bitcoin movements in percentages and not so much in dollar amounts.
Just another charters opinion, but i think theres a few places we could land. We could even drag this out and make a huge head and shoulders
federal reserve QE reversal, i always suspected that it would have to have been institutional money to take bitcoin from 600 to 4900. take this with a grain of bath salt. but we could very well see oct nov 2016 level btc. just a possibility
looking at the moving averages bitcoin still has more to fall. not a bad thing, im thinking itll keep her healthy
I'm thinking if it can get over that light blue support line and bounce off it we may have a nice run .
here is a better version, even though i hid the bottom indicators they still show up when you publish :/ Looks like its bouncing like the way we would hope it would! Like i said before the crypto climate as a whole seems to be focusing on privacy coins right now, and privacy is the first word of the acronym of PIVIX. Private Instant Verified Transaction(X)!!...
I think pivx has some great potential here. very strong, plus right now the crypto climate is all about privacy coins. let me know what you think.
could bounce of the green trendline . i think if it falls through the green trendline the next place to bounce off of or consolidate on would be the 2.272 fib line, and if it falls through that it may have a ways to fall, but i think its pretty strong