warning, weak price action, high chance to drop to $11.100 or lower, better to use stop at entry or be out until a better signal

been watching this 21 ema on a 6h chart, i wouldn't like a candle to close below that $11.700 value, entries were given around $11.500/$11.600 would be good pace to set SL if you don't want to risk it.or manually exit if a 4 hour candle closes below $11.400

I will update in 25min after this 12h candle closes, I would like to see a a good response in price and go back up to $12.000/ $12.100

Not the best 12h and 6h close, but still hasn't break the critical level, same conditions I explained in the last update.

Something weird that only happened during the bull run in 2017 is happening just right now, Altcoins are making lower lows and btc keeps making higher lows, the last time it happened btc made and extraordinary pump from 12 k to 17k, and look what happened to altcoins, I will send a chart example with xrp

the yelow line below is XRP, notice how it was divergent from bitcoin, making lower lows and btc making higher lows, now look what happened next

Btc went up and down many times very volatile, and at the last pump XRP made and extraordinary jump more than 10 x gains in 2 weeks

That was the story, now lets take a look to the present situation, very similar.

2017 vs 2019 image, BTC (candlesticks) vs XRP (yellow line) price action.

This is still active

Pattern canceled, stop loss suggested was reached

Back, to the initial analysis, nothing to do in this zone for btc, either breakout of $12.400 or buy around 7.8 or 8k in September

About xrp and xlm, same buy zones, xrp has a strong support at the 200 weekly ma $0.284, lower than $0.27 means lower levels, xlm support and buy zone at the double bottom around $0.064/$0.07
Eos/usd $2.9/$3.6
Altcoins are more dificult to chart, btc be could be on its way down but when it stops some alts can rally we have seen this before.