sprocketaudio

sprocketaudio Updated 

Although I don't like to be bearish, this looks like short term we are going down to around 9k using this downward channel - I am bullish long term though and plan to buy in at the bottom - although predicting that is as always difficult! - Trade wisely people! :)

sprocketaudio

Amidst more panic, I thought I'd share this (I'm certainly not the first!). BTC is still recovering from its over sell at the end of last year, and this drop is a 'normal' bounce between upper and lower channel supports - I expect it could go as low as 7200 in the short term. This channel has been in play since the beginning of 2017! I'm still waiting to buy the dip ;)

sprocketaudio

So it looks like we went bullish using the 200 SMA on the 4 hour chart for the last couple of days, and now are teetering on the edge - these next few hours will be very telling!

sprocketaudio

Before recent 'bloodbath' events, ICX was, and still is looking bullish. Looking ready for potential breakout with MainNet on the horizon. General uptrend with higher lows and lower highs - the path to consolidation. I'm still learning TA but this looks great to me! Trade safetly, and wisely friends :)