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
We are in bad shape, and unfortunately Bitcoin is in less bad shape than Alt coins. Bitcoin is gaining dominance and is at around 41%. We hit the descending trend line and fell further. Now we have some support levels $5500. Some claim $5800. This is really the final level to protect before we are in completely uncharted waters. If we fall through let's say $5000 to be sure, we might as well drop as low as 2000 or 1000. Any guess is as good as mine at that point. Can that happen? Sure it can. Will it be sustained for many years? Most likely not. But I'm just warning you that we could be proper ***** for quite some time.
ETH
ETH is very close to the ascending bullish line now. If we see another fall soon ETH have some resistance around $370 that I will plot in on the chart if we keep falling.
STEEM
Steem is in trouble, and next significant support level is around $0,80.
EOS
Believe it or not, EOS is still over the bullish trendline, but as mentioned yesterday fallen through the support area. Also falling a lot today because of general market sentiment plus some concerns about decentralization etc. But none of this is news for anyone who has been following EOS.
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.
