Crypto Maket Update – 4 April 2018

Hi guys!

Here are the summary of todays’ market update.

I picked 3 coins from the top 10 on coinmarketcap plus Steem:
1. BTC
2. ETH
3. LTC
4. Steem

## BTC – Daily Chart
Tools used: **Fib Retracement** and **Trendlines**
![5ac4452f8ac83.png](
I’ve provided 2 possible scenarios for this possible bounce vs. double bottom completion. If double bottom plays out in the end I will definitely update the price target but for now.

For now those are my 2 probable price target.

## ETH – Daily Chart
Tools used: **Fib Retracement**
![5ac4417e088f0.png](
As for ETH I think accumulation play is better than trying to trade this bounce. From fib retracement you can see there ETH is almost have a 78% pullback.

What I would do in this kind of situation is open a small position first around this key level support (so far). And if ETH have another pullback just average cost down from here.

## LTC – Daily Chart
Tools used: **Fib Retracement** and **Trendlines**
![5ac444c922f9f.png](
LTC is somewhat similar to BTC, currently inside a massive bull flag then double bottom on key level support. Also have possible 2 scenarios, either double bottom play out (meaning LTC will rally to the upside) or fails breaking resistance on the bull flag.

Depending on how these 2 scenarios go I will surely give an update.

## Steem – Daily Chart
Tools used: **Stoch RSI**
![5ac446b203b16.png](
For Steem, we need to see if this new found support holds. And I think it’s highly likely that Steem will retest this prior resistance from yesterdays’ breakout of the major resistance.

## Disclaimer
You know the drill guys. This is just opinion and not a financial advice. Do your own research and decide your own trades. Cheers!

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