Bitcoin (BTC/USD)
- Massive sell volume (biggest in months)
- If price struggles at resistance, expect another sell-off to $3,800
Nexus (NXS/BTC)
- Looking to breakout from the pennant either way. Keep an eye on this one!
- Down = 61.8% fibs level, Up = who knows
Lisk (LSK/BTC)
- Very bullish pennant (higher lows)
- A break above should bring in big volume. A break below support (blue box) will see support retested
Rise (RISE/BTC)
- Consolidating right on support within the 61.8 - 78.1 fibs
- I expect it to break to the upside (which would see a quick 30% gain), but keep your eyes on this one!
Verge (XVG/BTC)
- Another pennant for Verge, will it break even higher?
- Break below we are looking towards the 50% fibs
Siacoin (SC/BTC)
- At the bottom of consolidation channel
- Doesn't really have much room left below (good risk:reward)
Monaco (MCO/BTC)
- Keeps bouncing off major support (bad news if this breaks)
- In the 61.8 - 78.1 fibs buy zone
- Look for downtrend to break upwards to enter long
Happy Trading!
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All information is presented for educational purposes only and does not constitute financial advice
