Bitcoin About to Break Out of Bottoming "Buy Zone"? (June 17 Forecast) Bitcoin fell a bit on Wednesday, dropping about $1,000 in response to the dovish FOMC minutes alongside TradFi markets which also dropped ~1%. This is minor inconsequential noise for Bitcoin as we flirt with a short-term higher to further complete a rounded bottoming pattern. (June 16, 2021 8:30PM EST) **Short-Term:** Fundamentally, nothing has changed so we have remained bullish and have been…
@CryptoDailyFX in June 2021
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ChainLink Near Bottom of Current Range (Weekly Forecast) ChainLink has continued its pullback, getting rejected from the 200 Week EMA earlier this week before drifting lower to under 0.0006 LINK/BTC. This is a bearish short-term pattern, of course. However, when you zoom out, this appears to be a significantly higher low as Link approaches the lower end of the current trading range around 0.0005 LINK/BTC. Short-Term Link, like other alts, will likely continue to slowly bleed…
BAT Still Has MASSIVE Upside for 2021-2022 (Weekly Forecast) Basic Attention Token (BAT/BTC) has struggled of late, falling below the 50 and 200 Week EMAs and the 0.00002 BAT/BTC level to about 0.0000166. This is a bearish divergence, at least in the short-term, however if BAT can find support around these levels and rally back above the 200 Week EMA, we could reestablish the uptrend and look for the beginning of a Wave 3 rally. (June 18, 2021 8:30 PM EST) **Outlook** Basic…
Crypto Meme of the Day | June 21, 2021 Crypto Meme of the Day - June 21, 2021. For more crypto memes, check out BestCryptoMemes.com