D4rkEnergY is getting a lot of request from you guys about Altcoins. What does D4 think about a specific coin?! And why he doesn't talk more about the smaller coins (measured on Marketcap)!? D4 will here give you 3 reasons why Top Authors won't talk that much about Altcoins, and won't give you signals.
1. It's hard to predict at the moment!
Most altcoins follow Bitcoin ( BTCUSD ). That basically means generally speaking, when BTC goes up altcoins go up. And when BTC goes down, altcoins go down. We have exceptions like DigixDao ( DGD ), which just has it's own life.
But as you can see, Bitcoin has been indecisive and difficult for many to predict. We almost broke out from our 5 days ago, but the bears managed in the end to reject the bulls. At this very moment we are facing the end of a descending (and we are just under 10k) and will soon find out if Bitcoin , will manage to break out and up, or if we will fall even lower. So even though you might find a coin, which seems pretty , if BTC thereafter will fall, people usually get scared and will also FUD out of altcoins.
2. Top Authors have side businesses outside TradingView
Many Top Authors, including D4, has businesses outside TradingView. Even though altcoins follow BTC it is of course still possible to give signals. For instance gave D4 this signal some days ago, but usually Top Authors will only give their Premium Signals to their customers.
3. It doesn't get as many views and likes as BTC-update
Let's be honest, and let's face it. You guys love to follow Bitcoin , and you usually want to hear about BTC-updates more than altcoins. So in general these updates get more views and likes, which means more reputation points, and therefore more visibility in the Top Author Ranking system.
In the end, D4 will encourage you guys to follow NANO . As you can see we are in a descending , and are ready to break out. Wait for confirmation. We want to penetrate the resistance line with a big fat candle with good . And remember to monitor the BTCUSD chart.
The reason why NANO has increased that much lately was because, they announced on Twitter , that they had made an agreement with a 3rd party, that allows one to tip streamers with NANO on Twich.
D4 loves you <3
PS. Before you leave remember give D4 a like and follow for more updates. It is much appreciated. Thanks in advance, my friends!
Monitor the Chart closely, and wait for confirmation. The trade is not active yet!
We can go even higher, just remember to monitor the BTCUSD chart also.
D4rkEnergY will show you the way... <3