【BTC update - ETH - Altcoin and market on August 24

in #bitcoin6 years ago

1.BTC:

  • After touching the important resistance of 68, the BTC has adjusted quite strongly but not as deep as expected. Instead, at present prices are sideway amplitude 6k3-6k5, Day frame and Week frame of the BTC are giving quite positive signal support momentum for BTC.

  • Specifically if the candle on 24/8 on the 6k5 we can buy and expect the BTC can increase to 66-68.After this week Weekly closed on 6k5 or have a candle D1 on 6k8 You can consider the 66-68 key then follow the process of candle D1 r decision to follow.

  • Those who are wondering about the bottom 5k3 of the BTC in the previous update ad still holds the view that if the BTC in this recovery phase can not break the 71-72, this will be where the BTC must return, if the break 71-72 ad will update next.

  1. ETH
  • Analysis before the ad said ETH will return to the $ 350 then decline further, but not as expected, prices up to $ 320 then continue to decline. The ability may be about 200 USD remains the same. old. You can look back

3.Altcoin

  • Almost Altcoin is running very good wave, some code is x2 like NANO, ONT ,, but only suitable for surfing or hold a few days, not a nice time to hold long term, the view will have bottom New Altcoin socks will remain unchanged. Stay awake and avoid altar with Altcoin waves

4.SEC is in the process of "revising" the ETF of the BTC, so the non-technical factors such as the surge of 1000 usd of BTC on 12/4 ad must consider, this time is quite sensitive , always set the absolute stop loss. Wish everyone luck.

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin6738.331$2.91%3.57%
ETHEthereum281.064$1.6%-9.13%
NANONano2.502$14.81%55.18%
ONTOntology2.151$0.36%-4.56%

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