Cryptocurrency News and Market Reports

After the blue SCMR reversal signal on the bounce off of the still bullish 200 SMA in XMRBTC last week there was certainly some room for optimism to start 201

ETHBTC has followed bitcoin's lead to the downside over the past 24 hours which has taken out strong dynamic support around the 0.0XX level

Given the way the technicals were developing yesterday it comes as no surprise that price moved away from the 4000 $ level to the downside, breaching the 3800 $ level on aggressive selling that does not yet appear to be over at this time.

We have started scaling back into POWR through this bear market

Today our patience got rewarded and our first target got hit at 1,980 Sat

XMRBTC has been able to retake the 0.0xx level over the past 24 hours on encouraging price action and still improving technicals such as the blue SCMR reversal signal on the weekly chart below