Uncertain, but starting to flip green. Seems like this was a bull pause more than a full bear. Expecting June thru August to be low volume.
On a long term view of the BTC charts, caution is in play, but the early buys are still in place.
Copied so I can mess with the chart. The 15 day view requires more monitoring than the 1 month, but offers better entries and exits.
Copied from @InJayWeTrust so I can mess with the chart. 1 Month view.
Monero looks like it is headed down to the longer term trend line, but the technicals look bad. If it moves down and then through the long term trend, there's not much to hold it up until BTC starts upward again.
Here is DCR, just looking at some historical ranges and trend lines. I think DCR charts better in USD than BTC, and I don't think DCR has much correlation to BTC price movements, other than getting dragged down each time. However, BTC is still the boss of alts, so I like to see both USD and BTC pairs charted. I think DCR is at a critical junction from a pure TA...
Copied this from @InvestingScope so I can mess with the chart.
It's either the beginning of a corrective move or continuation to new all time highs. Will take many years to find out.
Projections for a continued downtrend into January 2019. Could easily be wrong on time frames here, a study on the current price action. Still, I think the bottom area is possible at some point. There is very little change of any kind of sustained bounce from this point. $5K would be a gift to dump into. From here there should be a clear sideways range...
This could take weeks, or months to play out, and the ranging could be anywhere from 3 to 9 months long. I don't see a reason to hit the $4800 trend line resistance again in the short term. During the true accumulation zone, many alts should die forever, 51% attacks, truly dark times. Crypto Twitter will over-hype you during each volatile move, and die of...
Could hit the Tone Vays number ($4975) in the next 24 hours. Would like to see a strong bounce from there, otherwise further downside.
If we close the weekly below the long term S/R, LTC could be heading back to all time lows.