Some comments over latest big drop. 7400 is still seen as a key resistance zone, which is also close to the 0.5 retraction over July’s rise. 6451 serves itself as a big support once again, but has to prove it, otherwise we may see prices near 5700 lows. There is the possibility of getting in short term next to 6630 zone as a correction of the sharp...
As it is known for the market, Bitcoin price defines other assets' mood. A scenario that Bitcoin is bearish and altcoins are going up is very unlikely. We face, right now a key moment, where this zone has been tested as support and resistance since October 2017. Showing strenght to hold these levels, it's very likely to confirm the first bullish trend.
$ NEOBTC , 1D, BINANCE Comments can be found below. found strong support on 6800 levels 0.618 fib retractment is on the same level appearing to find resistance on 9960 levels 0.382 fib retractment is on the same level best to wait or trade in smaller time frames
BINANCE:ADABTC 240 on Binance. currently below 0.618 levels of 3278 suprisingly low volume above 20, 50 and 200 EMA support to be tested around 2400 stronger support at 2100 and 1700-1900 high chances of price pullback Feel free to comment and discuss.