Wolf Crypto Technicals

Latest news and insights from the Bitcoin Wolf Team.

It’s the Start of a New Year and Crypto is off to a great start. Volatility has been great for traders. 2019 is looking like it may be a great year of opportunity for crypto traders.

The start of the year so far has been pretty exciting. This upcoming week looking at BTC on a bearish projection potentially to the sub 3k level. However due to the volatility there is potential opportunity for a short-term pop to the upside in the market dependent on how BTC reacts to several key levels shown below. First being a short-term level at 3500 then 3400 then a major key level of support at the 3180-price level. If we continue to see a bearish reaction to the market price, we will potentially see a downtrend to the 2700 level and quite possibly all the way to sub 2000 price level before reaching the bottom.

On the bullish side if we where to see a decent bullish reaction at the 3180 price key level showing support we could potentially see our climb back up towards that 4500 level and remain in a decent accumulation price range before seeing our next climb to the upside.

Due to the fact that I am still bearish biased on Crypto on a larger time frame I am looking for us to still push lower however as stated there may be opportunity for short term bullish plays intraday during this push to the downside.



How long will BTC hold its current level. There are biased oppionions on both sides but we will see in this upcoming weeks weekly how BTC holds up.

Upcoming these next following weeks with two strong possibilities depending on weekly close of BTC upside potential to 8k with possible bulls trying to keep this momentum running from this decent (more…)

For the last several months ETH/USD has been taking a turn to the downside as bears in this market have been overtaking this pair. It seems as though we have found a decent support level at 196.25. Although