Price Action Market Update - Tuesday 18th July (BTC, ETH, STEEM)

in #trading • 7 years ago

Lets take a look at the charts...


BITCOIN

We did end up getting some fireworks following the wedge completion for bitcoin, as expected. Any bulls who entered the breakout to early (before a retest) got slaughtered. After waiting that out - I am now looking for longs but am still cautious.. If we start seeing bull failures a longer term bear channel could set up. I want to see bear failures here to be confident I am on the right side of the market.


ETHEREUM

Nothing to report. Bears still in control.


STEEM

Steem looks undecided.


Thats it for today.. Good Trading!


#steem #ethereum #bitcoin #crypto
7 years ago in #trading by
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