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Peter Maliar
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Bitcoin
is breaking down through the EMA Ribbons…
Extremely bearish signal.
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BTC
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-2.88%
72
0
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$LRC LRC is still weak after failing to hold higher levels. The long wicks show volatility, but overall structure remains bearish and price is stuck near the lows. Shorts remain the better option while price stays below 0.065. A long would only be interesting if LRC reclaims that level and holds it. Until then, downside pressure is still present.
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$ACT ACT is moving sideways with choppy price action. After the bounce from 0.0188, price is struggling to trend and looks indecisive. This is more of a scalp market. Shorts work near resistance, longs only make sense near support. A clear direction will only come after a strong breakout or breakdown.
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