Bitcoin Price Analysis: BTC/USD at risk again underneath $10,000
Bitcoin price is trading in negative territory, down 4.40% in the second half of the session.
BTC/USD has lost momentum over the last three sessions, failing to break a barrier at $10,500.
Support is now likely to be sought at the psychological $3000 price mark.
Ethereum Price Analysis: ETH/USD is following the Elliott Wave Harmonic patterns
Below is the 60-minute chart for ETH/USD and it seems it’s falling in line with the Fibs.
As you can see from the formation of the black lines the wave formation looks like it falls into the Eliott Wave sequence.
That would be a 5 wave pattern which follows the laws of Fibonacci.
Even the wave pattern on the retracement has a nice 5 wave pattern.
Litecoin Price Analysis: Just a retracement?
Litecoin has retraced over the last few sessions but found some support at the 38.2% Fib level.
The level coincided with some previous support and historically has been a sticky point for the price.
Elsewhere, if that level breaks the 50% level could also act as a support level too.
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