Yahoo Finance Alt coins fall during Friday session again
BTG/USD
Bitcoin Gold fell significantly during the trading session on Friday, losing 4% as I record this. It looks as if the market is ready to continue going lower, and I think that every time we rally it’s a nice selling opportunity at the first signs of exhaustion. The $45 level is significant resistance, and most certainly the $50 level above there is. I think that at the first signs of exhaustion, it’s likely that the market will continue to sell rallies going forward, and that’s how you should look at this market.
DASH/USD
The DASH market broke down during the session on Friday, reaching down towards the $300 level before finding a bit of support. If we can break down below the $300 level, this market will start on wind again. In the short term, we may get a bounce, but that should only not be a nice selling opportunity as well, and the first signs of exhaustion should continue to be another opportunity to start selling again.
XMR/USD
Monero markets have broken down significantly during the trading session as well, reaching towards the $157 level. The market looks very likely to continue going lower, perhaps reaching towards the $150 level underneath. That’s an area that should continue to be very important based upon a psychological attraction the large, round, whole numbers, and of course any structural support that we have seen over the last several months will come back into play.
Bitcoin Gold DASH and Monero Video 11.06.18
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This article was originally posted on FX Empire
