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.