Well, As BTC and LTC figure out their place in the world, the trading pair between them has stayed to a sideways channel. While this last smaller bounce did not make it to the top of the channel, it is so far staying in this pattern. I am looking for a bounce at the support of the bottom of the channel. As BTC and LTC figure their price out, Accumilation of...
And Still... Looks to be maybe small bounce down again, staying in channel. Doesn't seem to have a strong enough run to break out higher at this point in time.We shall see, but my money is on buying more BTC at a lower price in the near future. GL
BTC is on my chart at a level that will see it go down again or bounce off it. Yesterday we bounced up but we are here again today, feeling more like the price is likely going down with the resistance losing with the price slowly lowering at this point. Waiting to see where this goes, time to accumulate more BTC soon! CDA people will also benefit if you put in...
So this BTC downtrend is staying in channels and looks like we are retracing with lower lows and lower highs in the big picture view, still. I am watching the support levels that have seen, across time, bounce points of either highs or lows which are signaled on chart as white lines. Those are my buy points to gain more BTC for long term. BTC has been trading in...
Bounced right below the top of the channel. Still staying in the downward trend thus far. Looking to see it test if it goes higher and Bulls take over, or for it to travel within channel. I have buy orders set at 500 intervals. Will be waiting to watch what happens, but nothing new to report. Trust the TA, avoid the Hype.
This is what I have come up with. It's staying in the channels but broke down under the large Orange channel (where I bought in) and has yet to break Red channel now. For me to say uptrend and not still in channel, need to see it do more. What say you?