🎓 The above chart (prices as per Coinbase) shows:

👉Failed bullish breakout - BTC's failure to cut through resistance at $11,690, despite the upside break of the symmetrical triangle on Friday could end up strengthening the bears.

👉Currently, prices are threatening to drop below the rising trendline support.

👉50-MA, 100-MA and 200-MA are sloping downwards in favor the bears.

View:

📌A break below the rising trendline would open doors for $10,000 and possibly extend the drop to $9,000.

📌As discussed in the previous update, dips below the $10,000 mark are to be viewed with caution.

📌On the higher side, only a move above $11,690 could yield a sustained rally to $13,000.

AMP hit 0.0000559 on the 27th of Jan.
Second target achieved 🎯
We called it at 0.000046
Estimated gained profit: +21%
Congratulations to those who followed the signal!

🔥 XMG is pumping
Already hit 889
Third target achieved 🎯
Profit: +23%
Congratulations to those who followed the signal!

#Pin_our_channel_on_top and stay always tuned in order not to miss your chance to make profit!

Let the CryptoBullet hit you! 🔫

#XMG Top coin on bittrex ! Close to the 4th target !

🔥 XMG has just hit 950 and keeps climbing
Fifth target achieved 🎯
Current profit: +31%

If you enjoy such FREE signals, please, #share_our_channel We would be grateful

Let the CryptoBullet hit everyone! 🔫

ETH breaching 3 day cloud against btc, ETH likely to gain more strength in the market

💸 AUR hit 0.000200
All targets achieved 🎯
Profit: +100%
Congratulations to those who followed the signal!

#Pin_our_channel_on_top and #stay_always_tuned in order not to miss such calls!

DCR touched 0.00949
Third target achieved 🎯
Profit: +41%
Congratulations!

🔥 ICX has hit 0.000878
Current profit: +15%

💎 Coin : SPR

Buy at 0.00010 or below

🎯 Sell targets:
1st : 0.00012
2nd : 0.00014
3rd : 0.00019
4th : 0.00023

👉RCN

Buy at 0.000025-26

🎯 Sell targets:
1st : 0.000028
2nd : 0.000030
3rd : 0.000032
4th : Open Target

👉AGRS touched 0.000333
All targets achieved 🎯
Profit: +85%
Congratulations to those who followed the signal!

We advise you to #unmute_the_channel and #pinn_it_to_the_top in order not to miss your chance to make huge profit with us!

Let the CryptoBullet hit you! 🔫

👉KNC hit 0.000409 on #Binance
Second target roughly achieved 🎯
Profit: +41%
Congratulations to those who followed the signal.

🔥 Signal

👉SYS is at nice dip

Buy: around 530 - 535

🎯 Sell targets:
Target 1 : 580
Target 2 : 620
Target 3 : 650
Target 4 : 700
Target 5 : 730
Target 6 : 760

It is a solid coin and has very good news coming in the following weeks.

Bitcoin chart

The above chart (prices as per Coinbase) shows:

BTC closed (as per UTC) yesterday below $10,313 (50 percent Fibonacci retracement of 2017 low-high), signaling another victory for the bears. However, they have failed at least four times in the last two weeks to keep the prices below the key Fibonacci level, thus establishing it as an important support level.

A falling channel marked by falling trendlines representing lower highs and lower lows.

Five-day moving average (MA) and 10-day MA are trending lower, indicating a bearish setup.

The 50-day MA has adopted bearish bias (is beginning to slope downwards).
Also, the bearish move below $10,313 witnessed yesterday looks strong.

4-hour chart

The ADX line bottomed out yesterday and rose sharply once prices fell below $10,313, indicating the bearish move is strong and prices will likely extend the decline.

Currently, the ADX line is at 29 and rising. The above 25 readings indicate the beginning of a trend. In BTC' case, it means the bearish move has likely just begun.

So, the cryptocurrency looks set to test $8,052 (61.8 percent Fibonacci retracement of 2017 low - high) over the next few days.

However, the above scenario may not come to fruition if the rising trendline continues to cap downside in bitcoin.

Trendline chart