Simple enough. This is the area to watch. When we spend so much time in this zone it would be amazing that ETH does not get bought here and just falls straight thought. And being oversold as it is? Absoluetly AMAZING!
Not much to say it's pretty straightforward lol.
I'll update this idea as I start buying.
+++ I have no idea what I'm doing +++
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If we follow this idea, we bottom in 1-2 month, but I don't think this will happen... Every time, people are more stubborn, so this time it will take more to shake them and "reset" crypto. On this guy idea the 2014 idea is scaled at 2 or 3.
I'll buy ETH in the zone I pointed out, and sell on a nice big bounce, but I am not convinced this will be the bottom.
Even if it is, I'm looking to grow my account and make profit, not "catch the bottom so I can say I was one of the 2018 hodlers". Idgaf I don't see the point. Trying to "catch it" is really stupid...
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This week end if everything goes as planned, or maybe later?, Bitcoin falls somewhere around 5800 then bounce up to 6600, this isn't sure thought, the big moves I'm sure about but how we get there isn't 100% Anyway, if this happens ETH whatever its price, will be interesting to buy (when BTC at 5800 or a bit less). For the short term.
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ETH literally spent a month below MA10! Crazy! But today it managed to break above. I think this is a sign it's saying "ok I went down enough now, I want to go up now". Going to trade ETH at every BTC dip.
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Ye guess I'm right, ETH probably going to be the most bullish of the big 3 this time. Finally!
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ETH bounced even more than I expected but I wasn't able to catch it. Or maybe I got some didn't even check my binance account. It's going to fall harder than the rest now. Which is ok since it now has more ground to cover to get into its area. The zone is the same I'll look more closely when we go around there.
These alt seasons are better for day trading, last one was in january and I day traded it because I had the time. Except Tron which I night traded! What a night, but actually what a horrible night, had to skip work next day.
The day traders or few days long traders should sell - normally - soon, and then we're back to the zone where all out buy orders are waiting for a while now. Probably move them a bit depending on how we go there.
@dayknight, I love how when you clic on play on this chart it goes up more than 100% THE VERY NEXT DAY I posted this LONG idea and I got a mastermind telling me how I hate crypto because I lost money with my miserable ideas XD
u just follow the trend ltc going to 100
ltc goes to 400 oh yaa i told u
ltc after 5 months goes to 100 oh u didnt see my chart
get a life