The resistance area around 1.85 seems to hold its ground for now with bearish momentum slowly gaining pace. If a bearish move continues unabated (4H chart used for confirmation) I anticipate a move down towards 1.18, an area of a strong Supply/Demand based on a weekly chart, with possible continuation of a down trend towards 1.0 area, which also coincides with an...
After bouncing from just below 61.8 Fib. this market is confined to a symmetrical triangle. As you can see from a chart there are two possibilities. I am more inclined to think that it will break on the upside with TP at 1.74. The volumes haven't been the greatest lately, but I believe that it is due to the overall public sentiment toward the whole cryptocurrency...