visio tutorial

Steem is outperforming most of the cryptos today, it is up 6.5% against Bitcoin and even better against the dollar, Steem is up 9% against the USD.

However, we are still in a downtrend against Bitcoin and there are no signs of a breakout yet but that could obviously change quickly and now we have formed a potential bullish pennant where we do have to trendlines intersecting in about 10 days from now. It is therefore quite likely that we will get a breakout either to the upside or the downside earlier than this formation will be completed.

Bitcoin just went nuts a couple of hours ago, it went all the way up to $5143 and that was a 25% move from the open. Not too shabby for a Tuesday morning. At current time, Bitcoin is trading at $4800 and it has just broken out from a bull flag formation. Nobody knows where Bitcoin will end the day, but I will look at some major resistance levels in this video and see if we can make some predictions by doing that.

Bitcoin had a volatile day but ended the day basically unchanged but the action at the end of the day is showing signs of bullishness for tomorrow which is the last day of the week but not only that, it is ending the month and the first quarter so it is important that Bitcoin and the rest of the cryptos are finishing on a good note.

Today was also the day of Dash and Ripple. Ripple was up more than 3% at one point but fell back a little but is still looking fairly strong for tomorrow. Dash on the other hand ended the day at the very high and formed a very bullish candlestick and closed at 103.

Litecoin is really having a bull run today, it was slightly behind Bitcoin most of the day but just in the last 6 hours Litecoin rallied ahead of Bitcoin in terms of percentage gain, but not only that, it did also surpass EOS on Coinmarketcap.com. So, once again, Litecoin is ranked number 4.

In this video we will be doing some price predictions for LTC and also look for important resistance levels.

Cryptos are on a roll now, Monday was another great crypto day, almost all major cryptos were up. The best performer was once again a privacy coin but this time it was Monero kicking some ass. It rose almost 7% and it finally climbed above the important $60 mark. The next target for Monero is the 200 day moving average which is up at around $70.

We had another one of those roller coaster days. For instance, Bitcoin was up almost 4% then it fell drastically and all of the sudden it was down 3% but finally recovered and ended the day unchanged. What was kind of strange today was that during the breakout to the upside, there were only a few large cryptos that tagged along, usually they all move in the same direction but that did not happen today.

Bitcoin is trading sideways this Thursday morning, we are trading around 5000 but we have actually seen the first negative heiken ashi bars on the 4 hour chart so that could be a potential warning sign. The rest of the big alts are also undecided, half of them are up, the other half is down. But, the most interesting coin right now is Binance Coin, it is up 3% and it set a new ATH yesterday at $20 and we might be headed to $22.8 next.