BTC is consolidating, LTC has broken-out again, downside for BTS, AUGER is reaching support for a BUY opportunity

in cryptocurrency •  7 years ago 

Bitcoin [BTC] has been trading in a range that has been getting narrower and narrower. At some point it needs to figure out where its going. Look for BTC to make a move out of this consolidation on higher volume. It may meet some resistance at around 2950 but if it breaks through then the sky is the limit.

BTC 2017-07-09.jpg

Litecoin [LTC] just broke-out a few days ago but not on extremely high volume, which accounts for the pull-back and reversal. LTC should build some steam and move upwards. Still you should put a Stop-Loss at around 44 to ensure that losses are minimal if LTC breaks-down.

LTC 2017-07-09.jpg

Bitshares [BTS] is getting a beating. But it doesn't have that much more to fall before it hits Support at 0.00004818. When it gets close to Support you will have a buying opportunity. Still you should put a Stop-Loss below 0.00004818 to ensure that losses are minimal if BTS breaks-down.

BTS 2017-07-09.jpg

Auger [REP] has been trading in a range for quite a while. Its just about to reach the bottom of that range at 0.0081 where there is a buying opportunity. Put a Stop-Loss below 0.0081 if REP breaks-down.

AUGER 2017-07-09.jpg

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Great post! Thank you for the info. Upvoted and subbed.

Thanks if you have any request let me know.