August Report: Alt Coin Power? @ Aug 8th, 12th, 17th: IV-V Wave
Decreased for the last few days is an indication of volatile price change is in the near future.
We are more likely to have a rally, than a decline, as we are finishing what appears to be a micro 1-5, pattern.
If the price continue to stabilize, this will lead for the price action for Alt coins accumulation, thus creating new bottoms of 2019.
I am sensing that alt coins are slowly, but surely waking up.
I am expecting big double digit gains in the alts.
Revisit your old favorite coin: Don't forget that somebody else's shit coin - is a diamond to you - in a few years.
On July 31,2019, FED begin to cut rates?
We could see a price increase in the Crypto, as a value of dollar will decline against Cryptos.
High interests are good for market, and bad for main street and crypto.
However, low interest rates are good for Crypto, and complicated for stock bubble, as central banking will continue to inject capital into stock market, as long as Earning Reports are good.
This year we can see some significant movements by government to make regulatory inclination. We have hearings in Congress because of Facebook Libra.
Hot Summer just getting hotter for Crypto Community.
Good luck everyone ;)
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
dates are moments of interest, where price and time collide to create oscillation - vertical lines!