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After a massive selloff in the broad crypto market since I last gave my TA viewpoint, I thought it was time to revisit some coins I've covered here before. I would invite you to watch the video version of this analysis on either Odysee or D.Tube. This post is really going to serve more as a higher resolution chart destination. You can check out the full video version with my comments below. Hopefully we can avoid an $8,000 move in BTC between the time it took to record and upload like last time:
And again, if you'd like to see the higher res charts, they are below.
Bitcoin (BTC)
What I like: BTC has held the 40 week moving average for two consecutive weeks. The daily chart confirms a test of $41.6k seems likely.
Ether (ETH)
What I like: the daily chart is less convincing, but the weekly still looks strong. If ETH can close above $2,915 it should be in business.
Litecoin (LTC)
What I like: holding the 200 day moving average on 3 consecutive closes is good. If today is a fourth, we could be on the verge of a breakout in LTC.
Filecoin (FIL)
What I like: FIL is holding long term support very nicely. If it can break above $77-80 or so and hold it on a close, I think it's off to the races.
Standard Disclaimer: I'm not an investment professional. None of this is an inducement for you to buy shitcoins. I share what I do and what I think purely for you to assess my opinions and ultimately make your own decisions.
