Yesterday we discussed how bitcoin would likely retest the $7,500 support. I had my doubts this support would hold a second time, but bulls proved again they’re not out of the fight. We watched a textbook double bottom bounce as price rallied to about $8,000 before finding resistance. It’s currently trading around $7,950 on Coinbase. Daily volume is stagnant, suggesting traders are still taking a watch and wait approach.
In today’s video I analyze Bitcoin, EOS, ETH, LTC, BNB and XRP. We’ll discuss where prices might be heading next, key areas to watch, traps to avoid and so much more. I hope you find it helpful.
Video Analysis:
If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.
I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.
Workin
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STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
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Great analysis. I was able to pick one or two words. However, what's your opinion on privacy coins? Say Veil and Monero
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I'm a fan of Monero. I don't like Veil as they have far too many paid shills leaving comments on various sites. This is often a VERY bad sign.
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Now 10k$...this is crazy.... I think alts moves alongside btc. I have been watching the movements of Ethics, Veil and BNB lately.
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