Here we have Monetha (MTHBTC) printing a huge jump today... Please, allow me to show you something... They all do the same.
Let's see how this chart goes.
We have a low 5-Nov., I mentioned that altcoins vs bitcoin hit a low around this date, from the 3rd to the 6th November, most of them.
We get the first reversal and a bullish wave starts to form...
Then prices start to drop and everybody starts panicking and tells me that I am a joke.
But just yesterday, 18-Nov. MTHBTC ended in a higher low... That is exactly what I keep on saying. Nothing moves straight up, it goes up and down, up and down... Down and up.
After the higher low... Comes the price jump.
Now, I look at dozens of these charts daily and I know that many don't have the time or desire to do the same... So I made it my job to tell you what I see coming from the information that I get.
Many of the altcoins that I keep on seeing daily have a similar chart like this one.
First, they hit a low in early Nov. and now a higher low...
Your work is fantastic. Please keep it up. I see many of the same patterns across the alts. We are finishing up a 2nd wave, getting ready to explode in a 3rd wave (Elliott Waves).
AlanSantana
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@DataMaestro, That's great to know, thanks for the confirmation, this one should be stronger than the first one.
Let's make sure to secure and maximize profits this time around.
For OGNBTC, at the present time chart is bearish but this can all change in a matter of days... So I can only tell you to look for some signals to know when this takes place.
If you see strong volume comes up or a break above EMA10... Then you can have a closer look because it can mean the trend will change.
Namaste.
Nevitt33
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now what since it came back down? Will it go up again?