COINBASE:BTCUSD   Bitcoin / Dollar
I'm looking for another low around the ~$5,000 area to complete this correction. Watching to see if this move gets above $7,800 and for a 5 wave impulse to turn more bullish but it looks corrective right now. Still in same range for LTC/USD correction as stated in my previous post.
invalidated count. looking more bullish. will try to update tonight
It seems some of the altcoins, like NAS and SNT start to break BTC dependance. Any thoughts ?
@ivoray, I haven't been following those specifically so can't talk about them in detail. In general though, if these altcoins are showing divergence, it is a sign for me of increased probability that a bottom is soon or in place. Also, I saw some divergence with litecoin and bitcoin last week, but appears to be following pretty closely right now. Overall, I typically like to analyze a chart by itself.
ivoray cryptowaveman
@cryptowaveman, thanks. I will follow your posts, I feel you understand that game.
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