I am concerned that user AlanMasters is posting incorrect and misleading information in order to pump and dump several of the highly vulnerable altcoins. Most of his charts claim that because a recent upward movement occurred in an altcoin, that it is worth buying or going "long" on; this lacks any real technical analysis (the whole point of this site). He makes extremely optimistic claims, almost always stating that each coin is set to hit a 150% - 1000%+ profit in the near future. Shortly after his charts, the altcoin is sold off heavily leaving buyers who would have used his chart with steep losses. There are hundreds of charts in his profile that exude this same trend. I've read several comments where people complain about him posting charts after a big movement has occurred, only for the trend to reverse and plummet right after his posting. With a high number of followers, users like this are easily able to exploit the public.
bekindrefine
⋅
For the love of all that is good, if you want to keep your money do not listen to @alanmasters trading advice.
SQ88
⋅
Hello Alan! Thanks for the insight. Have always appreciated your work and mindset:)) MDA/BTC are 100% done correcting and about to make a double bottom on daily to start wave 3, Could you please confirm this, since you where on it when it started moving!
"God is where complete silence are, right between your eyes and in between your left/right brain"
Namaste
AlanSantana
⋅
@SQ88, If the orange line (EMA200) holds, then MDABTC can move up from here:
Namaste.
SQ88
⋅
@alanmasters, Yes my thought too. From the looks of it on the order book it seems like it will hold, people started moving in now since btc moving up slowly :)