Analysis based upon the previous two bull runs.
Enormous upside if follows historic trends.
Enormous upside if follows historic trends.
Comment:
Bull market continuous to follow trend lines based upon previous bull markets. Are we now entering a multi month wave 2 bear market, or will the support line hold?
Comment:
Prediction still holding after 2 months. Altcoin market broke lower channel. If repeat of 2017 cycle, can expect to end up somewhere in the middle of the lower bound / another 23% drop from where we are today to complete wave 2. Wave 3 should take us to new highs. NOTE: Believe where we are now is analogous to July 2016th (ref arrow on chart).
Comment:
Still holding firm since March. Should expect third wave to come in the not so distant future with tremendous upside to the altcoin market.
Comment:
Broken out of lower band. Massive bull run expected within the next few weeks.