Bitcoin | Dead Cat Bounce + TOP 10 Altcoins

Yesterday we saw a bounce short-term that isn't receiving much follow up by the bulls.

This looks like a Dead Cat Bounce.

Bitcoin is facing resistance at EMA50/100 on the 1H timeframe.

The bulls tried to push prices higher yesterday but there was a strong rejection at MA200.

After such a strong rejection, high volume, we can expect a follow up by the bears.
(Aiming lower short-term, additional details on the chart)

Remember the longer-term picture...
We have one more drop before this whole thing is over and it can take anywhere between 1-3 weeks.


TOP 10 Altcoins

Name the TOP Altcoin pair you would like to see an update on in the comments section and I will share it for you.
We are getting back at looking at the altcoins charts.

We will be looking at Altcoins vs Bitcoin (ALTSBTC) and Altcoins vs Tether.

Your support is appreciated.
All pairs are welcomed.

Namaste.

评论:

Thanks a lot for all the comments.
I will be looking at all the Altcoins listed starting this coming Monday.

Thanks a lot for the support.