You can see here a crypto market cycle.First all time we had accumulation which means low volume and not much movement in coin(exactly what you can see now in the market) and after we will see again huge pumps
Accumulation between 13 november 2015-25 dec 2015 after huge pump which means 947.90% potentialy GAINS
Accumulation between 9 dec 2016-3 feb 2017 and after huge pump which means 1162.02% potentialy gains. After this huge pumps we needed a huge retrace which was the falling wedge. After broked out this falling wedge and re-tested it (which is a reversal pattern) the price continued to going up untill 0.786 fib resistance which means 0.1236 sats per coin
Now,in my opinion we are into accumulation zone BUT it s very important to understand if BITCOIN will breaking down all altcoins will going down and ETH will touch probably they GLOBAL SUPPORT LINE which means 0.00186-0.00188 sats
LONG TERM TARGET(Late 2019):0.618 fib resistance which is 0.0974
-0.786 resistance which is 0.1236 sats
Trade active:
Macd must go to neutral zone(0) to sustain their bullish movement in future
RSI have support at 40
STOCH Oversold/bearish cross
It s hard to preconizate but i think ETH will go down,Macd must go to neutral zone.
BTC MACD also it s 1300+ at 1 Month which means will come down,so if btc come down=ALTS will folow.
i Think the globally support line will be touched and after we can see a really huge bull run
RSI have support at 40
STOCH Oversold/bearish cross
It s hard to preconizate but i think ETH will go down,Macd must go to neutral zone.
BTC MACD also it s 1300+ at 1 Month which means will come down,so if btc come down=ALTS will folow.
i Think the globally support line will be touched and after we can see a really huge bull run
Trade active:
LAST FIB SUPPORT is at 0.0016-0.00188