Like Bitcoin, many altcoins are looking ripe for a larger move.
EOS is peeking it’s head up and out of a wedge it’s been consolidating in these past few days.
Binance Coin (BNB) just broke out of the bullish, descending broadening wedge we discussed 2 days ago.
Basic Attention Token (BAT) is consolidating below heavy resistance and on top of an ascending line of support. It looks poised to breakout in the next few days.
Litecoin has been one of the most impressive coins of 2019. Last we spoke, it was finding resistance at $125. It has since broke resistance and, as discussed in the prior update, quickly rose to known resistance at $145.
Ethereum has broken back above the 21 day EMA, but is finding expected resistance between $160-$170.
Ripple (XRP) continues consolidating within a larger wedge. It also looks poised to breakout of that wedge in the next few days.
In today’s video I discuss where prices may be heading next, possible buy/sell areas to watch, traps to avoid and so much more. I hope you find it helpful.
Video Analysis:
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.
