The bulls have been in the bullpen for the past couple days. This pullback is the first one to show in many hours. Watching for movement into the enrtry zone. TP1 and TP2 are set accordingly. Stop loss set at the previous bottoms. This is a short term trade.
Think of the last couple days as the yearly PURGE. On the bull ride to the top BTCUSD took a lot of altcoins and other altblockchians with it. When BTC hit the $10,000 mark, ETH was at $400. This was outstanding growth for both cryptos at the time. As I am writing this BTC is currently looking at the same $10,000 mark but on the way down. However, ETH is holdign...
Nothing makes me more mad than cryptocurrency that has been pumped to moon level with no application purposes. I hope 2018 brings us more than just the hype of crytocurrencies that 2017. We need to focus on actual application purposes of the blockchain technology. This is one reason I have a lot of support for Siacoin and the use appplication it offeres. It is...
There is a couple big indicators that show strong bullish signals at play. Since the ATH of XRPUSD it has fallen to its .50 fib. retracement. This usually pushes for bulls to come out and play with a lot of volume. The RSI is also in position similar to what we saw on the last ATH.
