Crypto whales signals and news


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Hello!

Unfortunately, we didn't see much of a bounce after the break down and the Stoch RSI's are still neutral.

This means we have more room to move lower before we see a relief come to the majors.

The first major support is $5400 that we have to test. After that, $4800 will be our next major support.

Bitcoin has been locked into a down trend for a while now and looks to be forming a bearish wedge. Watch to see if the support is breached on the lower end of the wedge.

The altcoin market is having a nice relief rally today though, and many of our signals are holding up quite well with the drop.

Even though the majors look weak still and look to have another drop in them, the altcoin market is starting to look like we can get some nice set-up trades.

You've gone this far, don't lose focus now.

At the end of cycles, there is a feeling called capitulation. This is where you want to give up completely and surrender.

Anything worth doing or having will be challenging. If being rich were easy, everyone would be rich. It takes focus and fortitude to be this patient and to wait for the market to play out.

Stay patient, but be ready for when the market flips.





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