Because the market is not fair and not stable right now, every single coin pumped hard and RSI is overbought on many coins! Although a simple RSI cannot decide the next move of the coin still we need to wait for more time for the coins to go down to buy ranges or new entries!
Meanwhile, I am trying to figure out where the Bitcoin is heading, which is important as the previous update saying that if bitcoin lose the support which is currently at 6450$, then we can see next step down at 6150$ and if we lose that too then you know the rest!
And another side of the picture is we may jump from the current levels to 6800$ which is a major resistance, although it doesn't necessarily mean that resistances and supports work for the market all time but it does matter a lot!
Overall and longterm bullish! 🚀
Bitcoin goes down, Alts follow the Bitcoin!
So far our two strong positions are Storm and Ark!
Both are above the entry price and we expect them to move upwards!
Stay tuned for further updates!