BTG/USD
Bitcoin Gold broke down during the week and did something rather negative: the broke down below the hammer from several weeks ago. That shows how soft the market is, and how likely we are to continue to go lower, perhaps reaching towards $50. At this point, Bitcoin Gold looks horrible, and I suspect that it is going to be a long time before we see traders come into this market again from the upside.
BTG/USD DASH USD and XMR USD Video 19.03.18
DASH/USD
The DASH markets fell during the week, breaking down towards the $400 level. We have bounced from their slightly, but it looks as if the market is trying to hang around that area. There is a lot of noise just below, and extending down to the $300 level, so it would not surprise me to see this market stabilizing this area. However, if we were to roll through the $300 level, the floodgates will open, and we will drop significantly. In essence, the DASH market must hold this area to remain a viable trading instrument.
XMR/USD
Monero markets broke down as well, reaching towards the $200 level before the buyers showed up again. Having said that, I think that the market will more than likely go looking towards the 150 level, and a break below the bottom of the weekly candle would have me looking to short this market. I think that the market participants continue to be very skittish and will need to see Ethereum and Bitcoin rally to be confident enough to start buying a minor coin like Monero.
