Daily Crypto Charts! June 11, 2018 (EOS, ETH, BTC, STEEM): Critical level. Must Not Fall Through $6600

 

Follow me @steemcharts for daily updates on Steem prices, Bitcoin Prices, Steem statistics and Technical analysis.

Please leave a comment and an upvote as well! Also, let me know if you have any wishes for charts that I should do.

Disclaimer: This is not investing advice. These charts are for fun and beginners. An easy to understand basic introduction to charts.

 

BTC

So, like I said yesterday ("At this point I see BTC easily move down towards $5000, and possibly even lower. People are desparte and angry, but they have not yet given up") turned out to be quite prophetic. Not that it took a genious to see that one coming. We are nearing in on the lowest daily close around $6600. If we fall through that, there is basically no support. And we could go to basically anywhere the whales want us too.

 

ETH

Same story with ETH here. It has fallen through its 61,8 fib and is forming a double bottom.

 

STEEM

Steem also forming a double bottom. All these areas are good areas if we are able to hold them. The more times we hit a support and the more support we create the stronger it becomes.

 

EOS

EOS is trying to hold that 61,8 fib, which also seems to have formed into some sort of support level as well. We are at a critical level once again. If we fall through here, it is basically no mans land.

 

Follow me @steemcharts for daily updates on Steem prices, Bitcoin Prices, Steem statistics and Technical analysis.

Please leave a comment and an upvote as well! Also, let me know if you have any wishes for charts that I should do.

Disclaimer: This is not investing advice. These charts are for fun and beginners. An easy to understand basic introduction to charts.