Well, it looks like the large triangle consolidations on many alts have failed and the market is melting down. The fall on NEO is breath taking. I don't think there is more than 3 or 4 green days in the last few weeks which really shows you the extent of the bear market.
The bearishness and I would go as far as to say; depressive mood on twitter and Youtube is really interesting. Even long time Technical Analysts are calling it over.
Basically, there is blood in the streets already. I tend to do well during these times because I dollar cost average in on the way down on projects I believe in that will do well in the next few months and years.
NEO looks to be nearing the very important trendline. If it breaks below this, it's anyone's guess as to how far it will fall, but it won't be good. I can't believe the prices on so many good coins and tokens. I feel like a kid in a candy store. Please don't take that as arrogant or a prediction. I've just been through so many bear markets, that I'm numb to them. If you guys believe in any of these projects and have the time and patience, we should do well in the next few years
Hope everyone is well
The bearishness and I would go as far as to say; depressive mood on twitter and Youtube is really interesting. Even long time Technical Analysts are calling it over.
Basically, there is blood in the streets already. I tend to do well during these times because I dollar cost average in on the way down on projects I believe in that will do well in the next few months and years.
NEO looks to be nearing the very important trendline. If it breaks below this, it's anyone's guess as to how far it will fall, but it won't be good. I can't believe the prices on so many good coins and tokens. I feel like a kid in a candy store. Please don't take that as arrogant or a prediction. I've just been through so many bear markets, that I'm numb to them. If you guys believe in any of these projects and have the time and patience, we should do well in the next few years
Hope everyone is well