Daily Crypto Charts With Comments! Aug 12, 2018 : Deep Nosedive

in #bitcoin6 years ago (edited)

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Disclaimer: This is not investing advice. These charts are for fun and beginners. An easy to understand basic introduction to charts.

BTC

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Good: We bounced off the ascending bullish trend line and is still in bullish territory long term. Bad news is that the volume is decreasing on the green candles these past two days. and after a steep fall of 10+ days in red, it is only way overdue with a small correction. I continue to stay bearish on crypto right now, and $5000 is still my first target.

 

Money Flow

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Crypto Flow

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