10.28.2020 Update (Wed)
$13,780
+5.44%
BTC
$405.7
+3.21%
ETH
$0.2515
+1.17%
XRP
$58.14
+2.20%
LTC
$264.9
+1.94%
BCH
Long-term Outlook
The big picture on the daily time frames
BTC
Bullish
BTC remains in a bullish trend with the active seller group still selling in profit. As mentioned in the weekly outlook, we expected resistance at the 13.5-14k zone, which we are now at. Will we break 14k? Very likely. Minor correction needed? Likely as well. For long-term strategies, I would simply keep holding. For the short-term portfolio, I’ll be eyeing for profit taking in the next couple of days and will be waiting for laddered entries from 12.4k – 13k (for now). The key is not being greedy on the dip buying as both TA and FA indicate much further potential beyond 14k.
Short-term Outlook
The ever changing battlefields on the hourly time frames
BTC
NEutrAL to bullish
5%+ from the last signal. Sentiment is now on the bearish side, this is a bullish sign. No need to tp yet. At least wait for sentiment getting to the bullish side.
ETH
NEutrAL
Sentiment kind of mixed. Partial tp now for those who got onboard.
XRP
neutral
Sentiment kind of mixed. Partial tp now for those who got onboard.
LTC
NEutrAL
Sentiment kind of mixed. Partial tp now for those who got onboard.
BCH
NEUTRAl
Sentiment kind of mixed. Partial tp now for those who got onboard.