Little bounce from bitcoin but Altcoins still suffering.
The market shows a clear reversal on Bitcoin on the 4hr chart. Volume is still strong and stochastic not yet reaching overbought. Little by little price is moving towards the 61% Fib Retracement level but we will need the bulls to keep pushing up during the weekend to finally reverse the downtrend.

EOS also showed a bouncing pattern but the market reversed again this morning creating what could be the beginning of a trading range around $5,5. There is a big bear candle developing right now on the 4hr chart and volume still quite strong.

STEEM is developing the same pattern as EOS, it bounced after the strong bear trend but reversed again this morning, volume slightly declining here and stochastic seems to start showing overbought signs. We will need to see how the day unfolds and the correlation with Bitcoin will determine the trend of the day.