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Anlvis
Nov 19, 2019 4:31 PM

New cycle incoming? Short

Ontology Gas / BitcoinBinance

Description

No volume at all, then even a small move for btc means a great fall for this contentless coin. Golden cross (50ma-200ma) seen due to 20 btc volume per week will be negated in a while for the second time in a row. As gann fan suggests there is high possibility we'll see new lows. Ichimoku far more positive then I am. There's no interest at all at last all time low (further more at lower levels) and it would make sense if it falls deeper through 1204, only greed will stop it at this level. Then it will bounce as it always did (if doesn't then I will pump it with a domestic whale I have) and start a new cycle, but I'll analyze it later. Safe entries at 1251-1204-1101-983 very bottom it can touch. Trade safe.
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