Please give me a like if you have the same opinion
BTC USD it s near the 1 MONTH Deathcross after we will reach the BOTTOM,same will happened in 2010 and also in 2015(january) MACD it s still overbought for a long time and RSI is below neutral zone We need MACD to going at neutral zone which is 0 and curbate slowly up to remain an overral/globally bullish market Huge support is at 2900-2100$ and this will be the bottom in my opinion because: -Triangle target is 2800$ -This will be the 86%+ decrease RSI near all time low
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Same in 2014-2015. When deathcross will happened,BTC bottomed out. January 2015
Don t forget also,between 31 dec-16 january we are in cboe futures contracts which is BEARISH,in my opinion ETF will be postponed
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This deathcross can be happen or now in December or in January,after sideways and late 2019 starting bullmarket
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1D looks ugly :)
Stoch overbought=bearish RSI dropping=bearish Macd=bull cross but volume it s very very low If 1D candle will close below 3962 probably we will visit 3,4-3,6k region but only IF will close below 3962
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12h candle we see a confirmed bear cross EMA cross can be soon which means the price will go DOWN Volume going down=bearish Cboe(bearish) future expires in 16 december.
At the moment,i m spectator :)
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This is a cycle in crypto-market. Now is the best time to catch cheap altcoins. After this phase we are going sideways and after consolidate bullrun once again,yes.BECAUSE IT S A CYCLE!!!!!!!
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Still on track..dropping dropping and dropping :-)
Can definetly agree with this, from your possible bottom supports to the timely analysis of starting a new bullrun 4th quarter of 2019.
Personally I think we might even see the bottom already in 1st quarter 2019 but this is all just pure speculation.
CryptoRomaniaTD
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@Kaizer1, if we checked history we can see bottom all time we reached in JANUARY.
In your chart we can see this also.in 2015 january was the bottom.Now also i think or in december or in january we will reach bottom because we have this huge EMA cross at 1 month timeframe(after this cross in 2015 market was reached the bottom)
In my opinion will be the same,i don t think will go down below 2000$-1800$ or so,because RSI at monthly timeframe it s near ALL TIME LOW and MACD need to come down UNTILL neutral zone and after UP
CryptoRomaniaTD
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@CryptoSignalRomania, if they will go to 1800 1200 or 500$ macd at 1 month will going below neutral zone and globaly market will be bearish more years from here,BUT THIS scenario will don t happen.
Worst scenario is AFTER this cross we will reach 1800-1500$ or below but only for few seconds.
We will reach the bottom after this cross 100%
Kaizer1
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@CryptoSignalRomania, Can definetly agree with this, altough even if the possibility is rather low to fall that low
, I will still prepare for it to average down to around $1000.
So just keeping funds ready for this scenario.
I m waiting for a bounce till 30 december(main etf hype ) and after i will go into TUSD
Kaizer1
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@CryptoSignalRomania, Good plan, will probably follow suit
JasrajDhingra
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Hi There , Nice post . What is your opinion keep funds in BTC OR USDT as of now ? At this stage I am on USDT , was thinking to buy BTC If its worth doing it and if it has any chances to touch $4500 and sell again to USDT ?
I have few altcoins at the moment and BTC. I m waiting for 4500-4700-5500$(maximum target) to sell my btc and enter in USDT
At the moment we are in cboe futures which means 100% between 14-16(in 16 will expire) will be a DUMP. You can buy after,between 17-31 dec we are in CME contracts which is bullish and also we will get the answer for main ETF(probably etf hype yes...once again) :-) .This can be a really nice position to sell BTC for USDT because till 16 january it s CBOE once again+probably deathcross will happen. In my opinion this cross will happen in January and not now,but,who know :)
CryptoRomaniaTD
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@CryptoSignalRomania, ONLY If the price will go above 4500$ sell it for USDT.
If this cross will be happen now and we haven t time to re-buy,i will catch Ziliqa for january 31 mainnet launch
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@CryptoSignalRomania, thanks mate , that was really helpful .
Personally I think we might even see the bottom already in 1st quarter 2019 but this is all just pure speculation.