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AlanSantana
Nov 3, 2019 6:36 AM

Bitcoin Gone Sideways = ALTS/BTC Time | Altcoins Market Update 

Bitcoin / TetherBittrex

Description

Bitcoin (BTCUSD) has gone sideways after its last bullish breakout... While we were expecting a breakout to the upside, others expecting a breakout to the downside, neither took place.

Bitcoin continues going sideways within a range and the altcoins market solidifying its change of trend.

Looking at the altcoins (all the altcoins pairs vs bitcoin [ALTS/BTC], minus the top 10), I am seeing a market-wide change of trend.

  • We are going from bearish to bullish.
  • From a bear market to a bull market.
  • From downtrend to uptrend.
  • From red to green.
  • To profits from loss.
  • To growing after a fall.


Altcoins market update
Most of the altcoins pairs (ALTSBTC) are now growing and in positive trends.

This and last week some of the strong pairs removed all gains in a strong correction but most of them managed to close above their last low in late September.

The pairs that hit new all-time lows still managed to produce a weekly/daily close that is higher than the last low while at the same time strong bounces are taking place sending these pairs back up flying... Now, these are the minority.

The majority of altcoins are now in the positive and printing higher lows after strong higher highs. The uptrend has been confirmed for most of the altcoins we are analyzing/trading/tracking.

The altcoins market continues to heat up...
I am seeing lots of consolidation, lots of buying, no seller pressure... Another strong bullish wave is about to come.

Get ready... This one will be bigger than the last one.

Namaste.

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Comments
Anpu
My recent idea on BTC. Take a look. In my opinion the price is between two extremes. And downward scenario is more possible, because price was not even able to break through 121 MA resistance, which is only the first step that needed to be past for Upward scenario. Nevertheless the upward scenario is still relevant because of the stong momentum and the candlestick with the most buying pressure. Details in the idea
AlanSantana
@Anpu, Thanks for the chart.
AlanSantana
@Anpu, Appreciated.
ARESABI
Agreed Alan! What do you think about my long-term view?

AlanSantana
@cryptobuller, Pretty good... Solid, completely possible.
AlanSantana
@cryptobuller, Thanks for sharing.
anditfeels
As we can see last two days altcoins doesn't feel well, I don't understand what the reason for you to put people in a lose position specially, but this is exactly what you do.
What else could be expected from a scam master, no honesty, only lies.
Now is the time to be more carefull with altcoins, because situation with bitcoin have no certainty at the moment - this is what you should tell to people.

Anyone who will be interest about you, first needs to see your prediction about BTMBTC (july 4), which is you failed completely.
AlanSantana
@anditfeels, Can you share more please?

Have you looked at the results page?

The results are public for everybody...

Thanks a lot for sharing.
AlanSantana
@anditfeels, Our trades are generating amazing profits... All the charts are public.

Namaste.
AlanSantana
@anditfeels, By the way, I didn't put people in any position, I am simply sharing my opinion/view of the market...

You can share yours... We welcome all views, all sides, all perspectives... The more the better.

Patience is key.

Thanks a lot for your continued support.

Namaste.
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