Is BTC Reloading?

Good morning all, thought I would do an update today after the fed rate hike news came out yesterday. We all knew it was coming, and it seems the market did too. Looks like it has already been priced in as normal movement resumes. We are by no means bullish , but some bullish structure is forming, higher highs and higher lows on the daily here. We just hope it is the actual bottom here and we keep moving upwards, even if slowly. SL was set at just the right level under last higher low, the trade continues and looking for that next higher high now. GLIYF

 

Its found support at the old ATH could be a nice psychological level

 

Good morning all, update today is a little different. I have included what I found to be interesting with BTC and ETH. As we can see it looks like ETH is leading the way on the current price action. Price for ETH is trading above all 3 of my moving averages. Which is a good indication of a medium trend change at the least. BTC is lagging behind it so far. Could ETH start leading the way? I have seen some people say so. Something to keep a watch on for sure. Anyway onto the trade we are still in good profits and continuing bullish structure. Price has moved and trading above my short and medium term moving averages, so we can keep holding and moving SL into profits as we go. Will update again next week GLIYF

 

Afternoon all, Is ETH the new KING of CRYPTO? Today I am following on from the post last week regarding our Bitcoin buy and also the pattern I noticed compared to ETH. As you can see from the charts the left hand side is Bitcoin which is currently dropping in value, the structure hasn't been broken yet but still lagging behind. Still holding longs in profit on BTC .
To the right is ETH which seems to have found its support of 1500. Also with trading above the moving averages, the recent gains seem to be more sustained. What are your thoughts, is ETH the new KING?

 

I think it could definitely be it has much more utility than BTC

 

Difficult market's to maneuver through at the moment. Head over to take a look at this week's video. Appreciate anyone that subscribes and interacts, love hearing other people's thoughts.

 

Tomorrow, we break below the lower channel line...so my sources tell me.

 

Still looking in that tight range. Really has been such a consolidation from that drop. Wonder if this is stacking orders along here and then will swipe and move up from here. Doesn't seem to want to go anywhere at the moment

 

your source was right with that one

 

Are the markets at a turning point? This week's video is out now. Head over and give it a watch, like and subscribe if you haven't already