The sell signal from bitcoin a few days back is looking better and better.
Although the 4h forecaster can be a little jumpy, it sure nailed the top on this one – and it mostly avoided being sucked in by the headfakes that happened since then too. Downside volume is very heavy. 4h forecaster is still in sell mode, as is the daily forecaster too. I just use the 4h during the big moves because it reacts a lot faster.
Isn’t it interesting how Charles managed to – fairly closely – hit the top with his post also?
I don’t have time to post the rest of the coins, but I’ll summarize:
BCH: strongly fading uptrend (FC -1.09 to +0.13); “dark cloud cover” candle, 68% bear reversal.
ETH: Sell! (FC -0.39 to -0.29)
LTC: sell yesterday (FC:+0.07 to -0.32)
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