As the market continues to bleed we see Ethereum struggling to hold its value. There is weak support at the current level and if this fails to hold, we will see a $90 ETH in the short term. If the support does holds as the RSI is showing oversold then we will consolidate between $123 and $175 for the next week or so. However it will take some major volume of...
We are now seeing Steem at its bottom, this is the lowest Steem has been since summer (May,June & July 2016). Short term we will see a retest of the 0.00001094 BTC level, we should break above this level as well as the 50 MA. From here we will see a run to the 0.0001242 level which has been support for the past few months. I see consolation coming between...
With the ill timed and expensive #hashwars happening and two $btc billionaire selling their Bitcoin and Bitcoin cash to fund it one can clearly see this isn't a normal market correction. So where do we see this bottom? The strong support we have gained over the year between 5800 and 6200 has broken, as has the 5000 to 4800 support levels. We have strong support...
We had a scare Easter weekend and bitcoin has seemed to consolidate most of this week. With the news of Soros, wanting to dabble into BTC, giving us a nice little boost this seemed to cancel out the other FUD. I did have the 10th April as the testing point to see if we break out. As you can see this has started to happen today the 12th, we need to finish above the...