ETCBTC almost spoting a double bottom pattern, Airdrop of ETC did not supported by all exchanges thats why this news failed to push the price actualy,But Don't worry its not a shitcoin, still there's fuel...that can generate 30-50% gains on $ETC short term trade
#MUE can be bot traded on exchanges, using an officially approved Windows app.
The above chart (prices as per Bitfinex) shows:
- Bitcoin created a bearish "inverted hammer" (also known as a shooting star) at the inverse head-and-shoulders neckline resistance yesterday. This is a bearish reversal pattern that occurs at the top of the uptrend. That said, only a negative follow-through today would indicate BTC has topped out.
- The cryptocurrency has dipped below the trendline sloping downwards from the Dec. 17 high and Jan. 6 high. A close (as per UTC) below the trendline would weaken the bull case.
- Also, BTC bulls has breached the support of the ascending trendline (drawn from Feb. 6 low and Feb. 26 low).
So, yesterday's price action highlights exhaustion near the all-important resistance. Meanwhile, the 4-hour chart below signals scope for a drop to $10,900-$10,600.
- Bitcoin created a bearish "inverted hammer" (also known as a shooting star) at the inverse head-and-shoulders neckline resistance yesterday. This is a bearish reversal pattern that occurs at the top of the uptrend. That said, only a negative follow-through today would indicate BTC has topped out.
- The cryptocurrency has dipped below the trendline sloping downwards from the Dec. 17 high and Jan. 6 high. A close (as per UTC) below the trendline would weaken the bull case.
- Also, BTC bulls has breached the support of the ascending trendline (drawn from Feb. 6 low and Feb. 26 low).
So, yesterday's price action highlights exhaustion near the all-important resistance. Meanwhile, the 4-hour chart below signals scope for a drop to $10,900-$10,600.
Having faced rejection above $11,600, BTC fell below trendline support, while the relative strength index (RSI) has breached the horizontal trendline support.
As of writing, BTC is trading around the 4-hour 50 MA and could soon extend losses to $10,675.
As of writing, BTC is trading around the 4-hour 50 MA and could soon extend losses to $10,675.
View:
BTC could drop below drop to $10,900-$10,600 as indicated by the bearish set up on the 4-hour chart. However, only a daily close (as per UTC) below the 10-day MA (seen now at $10,837) would signal bullish invalidation.
In the worst case scenario, a daily close (as per UTC) below the descending 50-day MA could yield a sell-off to $7,960 (Feb. 2 low).
On the higher side, a close above the inverse head-and-shoulders neckline would open up gains towards $17,000.
BTC could drop below drop to $10,900-$10,600 as indicated by the bearish set up on the 4-hour chart. However, only a daily close (as per UTC) below the 10-day MA (seen now at $10,837) would signal bullish invalidation.
In the worst case scenario, a daily close (as per UTC) below the descending 50-day MA could yield a sell-off to $7,960 (Feb. 2 low).
On the higher side, a close above the inverse head-and-shoulders neckline would open up gains towards $17,000.
#BINANCE Update
Suddenly All Binance Alts Dumped and at The Same Time VIA Coin Pumped up to 48x-50x
The Reason for this DUMP >> API Related Attack
Something Wrong Happened with BINANCE API Keys. API keys are Useful to Trade with BOTS and Other Apps without Using Binance Exchange Itself
and Those who Used API keys to Trade with BOTs and Other APPs. Their Accounts Automatically Bought VIA Coin
also, Some of Their ALTS Bag Might Got Sold Out Automatically.
That's The Reason of VIA Massive Pump and That's Why BINANCE Exchange Suspended Their Withdrawal Temporary
Suddenly All Binance Alts Dumped and at The Same Time VIA Coin Pumped up to 48x-50x
The Reason for this DUMP >> API Related Attack
Something Wrong Happened with BINANCE API Keys. API keys are Useful to Trade with BOTS and Other Apps without Using Binance Exchange Itself
and Those who Used API keys to Trade with BOTs and Other APPs. Their Accounts Automatically Bought VIA Coin
also, Some of Their ALTS Bag Might Got Sold Out Automatically.
That's The Reason of VIA Massive Pump and That's Why BINANCE Exchange Suspended Their Withdrawal Temporary
Massive FUD Going on, Don't be Hungry & Play Wisely, Always remebers these kind of condition will improve your trading style & will provide you a nice idea about win&loss of your trading bet. #Crypto