


datavanza
PremiumBitcoin will be going down these red area. I will be accumulating in those levels. %70 possibility.
Your short term target. If you go long don't forget to put stop loss at $9980. My ideas are not trading advises do your own analysis.
The futures contracts made BTC volatile. IT WAS THE WHOLE REASON. To make BTC unstable. That way it can not be treated as currency. In couple of months guys like JD will be appearing on media and telling "Didn't I tell you?" Blah blah... By that in mind we can earn money being smart. They will short sell in great amount. After the major upper trend line...
We have to watch price action very closely. I still give %65 possibly that BTC will go higher in the short term. We can be positive about the future of BTC if price tests the upper price channel that I market important. As always my ideas are not trading advises. Do your own research.
LTC has successfully broke out from 2 major resistance lines. I have nibbled some, will accumulate more on the blue area. My target price is around $195 (green area), might take around a week to reach that price, if sentiment about cryptocurrency does not change. If general sentiment goes low we will see price lingering around blue accumulation area, in my point...
My technical analysis are never for investment advise. Do your own analysis. The only reason I am posting these is I pay more attention to technical analysis when I share with others. There is a bullflag formation and pink line is being tested extensively.