News:
The investment old guard including Warren Buffett join the ranks of J.P. Morgan CEO Jamie Dimon to disparage the rising crypto markets:
https://www.cnbc.com/2018/01/10/buffett-says-cyrptocurrencies-will-almost-certainly-end-badly.html
https://www.cnbc.com/2018/01/09/jamie-dimon-says-he-regrets-calling-bitcoin-a-fraud.html
Its do or die for a 4th wave to end here. Any further decline will invalidate the current wave structure. However, if we see a rally then it should setup another possible solid entry to catch a 5th wave higher. Patience is key.
Ethereum is showing weakening strength on the RSI, showing clear divergence from the RSI highs as price flirts with new highs. If Bitcoin starts to rally we might start to see some selling pressure rotation out of ETH.
Ripple slips lower to a double bottom. Its still not clear if it will hold here but it is starting to have 3 White Soldiers candlestick pattern forming after a downtrend which would be bullish.
https://www.investopedia.com/terms/t/three_white_soldiers.asp
XVG dumped its previous gains overnight and looks like a choppy mess. Probably best to exit the trade for a small loss if not already stopped out. It could still rally but the chart is pretty ugly at this point and lacks volume.