bitcorntrader

bitcorntrader

REP, along with the rest of the market, remains in a downward trend The recent downward trendline shows resistance at around the $25 mark Support at $23 mark, which if broken will likely result in a fast move to the downside Next support around the $19 mark

bitcorntrader

Looks like we're going to break through support around the $6,800 level. Next downside support looks to be strongest just above the $5,800 level - this is also where the lower of the green downtrends meets support. Expect a bounce once we reach that point, but not much before then. Long term target of around $3,500 for the low, however as low as $2,500 is...

bitcorntrader

After failing to break resistance and the 200 day ema at the $9k level, we're back just below $8k. Though the ema-20 looks to be acting as resistance we're at a strong support level. Price could go either way, though suspect it will be down and if so we're headed toward the $6k mark, to double the bottom from 6 Feb. ***This information is not financial advice....