Last week was calm but things look to be brewing again for cryptocurrencies. Today David talks in detail about the major support levels for long and short term traders after the drop and recovery we saw over the last couple of weeks.
China’s exchange and ICO ban, coupled with several very public criticisms of Bitcoin from prominent bankers and Litecoin creator Charlie Lee, pulled down almost all currencies across the board. The impact of their opinions has been absorbed by the market and things stabilised over the last days. Now it’s time to look for the next vital levels that could signal either a breakthrough or a drop.