Bitcoin, Ethereum & Litecoin - American Wrap: 2/25/2020
Bitcoin is having a tough time at present as sentiment fails to turn once again on Tuesday.
The 4-Hour chart continues to make lower low and lower highs.
This could suggest a new Elliott wave pattern might be starting to move lower.
A confirmation of this would be the break of 9,280.00.
The way we can tell it has begun is by the first lower high testing the 76.4% retracement level.
Ethereum price is trading in the red by 1.70% in the session on Tuesday.
ETH/USD since 13 February has been narrowing, forming a pennant via the daily chart view.
An important area of support should be noted via the $250-40 price range, propping up ETH.
Litecoin price is trading in negative territory by 4.30% in the session on Tuesday.
LTC/USD is now running towards its second consecutive session in the red.
Critical demand should be noted at the range of $70-65 via the daily.
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