BTCUSD: Bitcoin broke out of the triangle down and went below the moving averages ЕМА50 and ЕМА200. From the level of 23.6% Fibo coin is trying to correct. If the bulls can’t hold this level, sell Bitcoin, starting at $6300. Around we go, if BTCUSD bounce off the 23.6% Fibo, break the resistance of $6550 and the 38.2% Fibo. Purchase in this case, start with $6900.

LTCUSD: Litecoin broke below the levels 38.2% and 50% Fibo. If the level of 61.8% is also breached, enter a short position at a price of $52. On the hourly chart formed a reversal candle “rising star”, which suggests the possibility of a reversal up. In this case, you can start buying at current levels with a short stop under the 61.8% Fibo or go around after breaking through the 38.2% Fibo at the price of $63.

ETHUSD: Like Bitcoin, Ethereum is out of the triangle down. The bearish potential of the figure are almost done. The air is testing the moving average ЕМА50, it is possible to inhibit the decrease. Otherwise, you will continue to keep short position. In longs ETHUSD overturned at a price of $260, if the coin breaks through the resistance of $250.

Source