The majors are on the move early, looking to consolidate Wednesday’s gains. With volatility on the rise, holding above key levels is a must to avoid a reversal.
Wednesday’s sell-off continued into this morning. Bitcoin will need to move back through to $12,200 levels to steady the ship…
Bitcoin sees red early on. A hold onto $12,200 levels through the morning would support further upside on the day.
Bitcoin continues to find support but will need to make a move through to $11,500 levels to avoid a pullback…
Bitcoin needs to move back through to $9,300 levels to resume the move towards $10,000…
Binance Coin finds support early but will need to move through to $27 levels to ease the pain…
It’s a bearish start to the week as the bears look to reverse gains since the start of the year.
After a bearish week, key levels will need to be hit to support recovery. Failure to hit key levels will likely lead to another sell-off in the week.
The bulls are in control going into the week as the majors return to levels not seen since early 2018 highs.
Binance Coin is on the move mid-week, supported by a trend-bucking gain on Tuesday. The bulls will be eyeing a return to $38 levels…
|Williams %R (14)||-62.3188|
|Stochastic RSI (14)||70.6748|
|Ultimate oscillator (7,14,28)||55.9189|
|Stochastic Fast (14)||37.6812|