STR Long but currently Overbought, watch to see what happens if it breaks correction or once it hits previous trend.
Re-Entry Zone: High: $10,000 (50% Fib) Low: ~$8,300 (61.8% Fib)
Hitting bull flag and fibonacci resistance levels. Keep your eye on this
Quick profit taking before continuation of good news off of Picking up Japanese Banks
IMPORTANT: Segwit2x hardfork is TOMORROW (December 28, 2017). This is past technical analysis, this is an update to the entire system. BTC to go up from here for the next couple of days.
Divergence - RSI - Stochastic Crossovers Ichimoku -Tenkan-san and Kijan-sen moving averages above price action - Lagging span tested price action resistance - Price action moving back into resistance Span A/B cloud
Bull flag seen, Keep your eye on LTC, it has been quiet over here and is reaching convergence on price action while divergence in buy signals
Likely to drop down and test 38% fibonacci before bouncing back for the new year.
LTC taking a dip Buy $230-240 Sell $325-330
STR/USD $.30 first week into 2018
Further Consolidation required before breaking out further. Christmas day, however may bring a sudden boost but then prices will then fall under selling pressure to complete the flag before next strong bullish rise. Buy: $630-675 Sell: $800-850
Beware of fakeout bull momentum. It is VERY LIKELY that it will correct again and provide a good entry
Price needs to correct and consolidate before finding upward movement