Crypto analysis on the fly
Crypto loves to make moves when I'm away from home, but don't worry I won't take credit for today's move.
However, if you read my last crypto post I discussed what could happen with steem and litecoin if we saw any green out of bitcoin.
And here we are...
The price of steem is currently trading above support and a close at 45 cents or higher will be bullish.
Litecoin has blasted through the $51-52 area discussed and is looking like it will be established firmly in the new range.
The range has an upside of $71 but there are some potential resistance points on the way.
Either way we got the move we were looking for.
After more than two years posting to steemit this is my first post done from my phone. I guess just like crypto Incan advance too 😉 lol.
Posted using Partiko Android
Nice post from phone... Just bought my first smart phone yesterday. I know how to turn it on and off.
https://steemit.com/photography/@manorvillemike/pictures-from-my-new-phone
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This was a really good move tbh, I'm expecting 0.5$ before more downside, but can't really be sure, what I know is that BTC still has some resistances and MAs to pass before I turn bullish...
Nice phone post m8! If I didn't like editing my posts so much I would start doing the same!
Thanks man. I'm only gonna do so in a pinch. Prefer more formal posts from my laptop for sure :-)
Volume is the most encouraging part as it is building whereas previous runs higher would see decreasing volume. A sign? Maybe...
Posted using Partiko iOS