Big Cap Coins Are Searching For Price Support Levels by scaredycatguide

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cryptocurrency · @scaredycatguide · May 29 '18

$46.03

Big Cap Coins Are Searching For Price Support Levels

At this point Bitcoin downside support is the April lows as much as I hate to say it.

## Big Cap Coins Search for Price Support

Ethereum just legged down again and has a bit of consolidation at the $500 USD area, but the firmer support isn't till the low $400s.

Litecoin is in a bit of a different situation as it is currently at its solid support level of $110.  So the real question is, will it hold?  If not things could get a little ugly for LTC.

I talk about this and some more detail in the video below...

<iframe width="560" height="315" src="https://www.youtube.com/embed/9OBl8NrG0jk" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe>

![Steemit_txtdvidr.png](https://steemitimages.com/DQmQALmjjiQfvMZNBY1AtHwNiZLf6jnD6P1yuGe4v25iHRe/Steemit_txtdvidr.png)

#### <center>Need to learn the basics about bitcoin, the blockchain and wallets?  
Free e-book: [ScaredyCatGuide to Knowing What the Heck Bitcoin Is](https://scaredycatguide.com/scaredycatguide-to-bitcoin/)

![steemittags.JPG](https://steemitimages.com/DQmWtucb9z95znZ6jWgBBFJJoth1UiskdAcbJWWWrJ5zPKX/steemittags.JPG)

![Scaredy Cat Guide Logo_FBcoversize2.jpg](https://steemitimages.com/DQmVxSVesocN4455goVSNEydGgs7sQqBrS4DGHw94qrP5sT/Scaredy%20Cat%20Guide%20Logo_FBcoversize2.jpg)

**Disclaimer: All info in this post is my opinion and for informational purposes only**</center>

👍 reggaemuffin, shenanigans, cowtippin, freemoceanisnow, buddhist, redes, stiflers-mom, carrinm, msp-waves, gringalicious, evanrvoss, getonthetrain, msp-shanehug, cristi, furious-one, drpuffnstuff, scaredycatguide, jasonstaggers, ma1neevent, investorsclub, swelker101, forexbrokr, bulleth, newageinv, steemprentice, mitchelljaworski, thecryptofiend, charles1, solarguy, steembusiness, clayboyn, article61, liberviarum, fow, scooter77, ozphil, crimsonclad, vachemorte, minnowuniversity, rollandthomas, discordiant, anthrovegan, sc-steemit, realestatecoach, dowdogs, moisesmcardona, xmrking, giftedgaia, jpederson96, freestyle4ever, yateszey, caroltortoza, spederson, andrewawerdna, gonzo, alts, sagitta6, onepercentbetter, sagitta, jemjewl, maryjohnson, microcaps

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@investorsclub · May 29 '18

$0.03

Upvoted ($0.16) and resteemed by @investorsclub

[Join the Investors Club](https://steemit.com/bitcoin/@investorsclub/welcome-to-the-investors-club-week-2-highlights) if you are interested in investing.

👍 investorsclub

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@newageinv · May 29 '18

So tempted to add to my Litecoin position here as I have been kind if bored of the market because I am a long term holder in the positions I currently have.  Boring is good but considering to put on some trading positions soon... Might as well play the ups and downs along the way!

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@scaredycatguide · May 29 '18

Yeah, I mean if you want to play mind as well trade a coin that has a clear support level that can be used as a stop loss if it closes below it.

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