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

in #trading7 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!


Coin Marketplace

STEEM 0.21
TRX 0.20
JST 0.033
BTC 97859.91
ETH 3296.28
USDT 1.00
SBD 3.01