Hey everyone its @chahir99 , and in this post we're going to catch up with what's been happening in the world of the crypto currencies over the last week .
We gonna take a look at 2 crypto currencies BTC and LTC , and see what's been happening over the last week and where does it leave us in terms of levels to watch out for in the near future .
1 BTC
SO we've got some levels to watch like you see , we have a support from this sort of spike down to 10600 , then we have a higher low around about 11800 .
But the market really can't get through 17400 , so it's a littel trapped at the moment with all the FUD that happening .
For the bullish argument , you could say that the trend for Bitcoin is still up , even though we haven't hit all time highs for more than 2 weeks , but i think there is a chance of the market squeezing a little higher if we break out the very wide range that we're trapped in .
2 LTC
Litecoin it has a very similar pattern to BTC , again it's trapped we saw all time highs up around 370 ,the market spiked and sold in about 3 days , very volatile.
So we're left with these barriers around about 310 , down to 170 .
We need a breakout , and the trend is clearly still up , we've got good support and i think people will start buying in if it slips back to 200 but until we get a breakout it's difficult really to call the next move .
I hope this was helpful and you guys learned something and if you like it please up vote me and let me know what you think about it in the comment section.
Thanks for reading!
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