as shortlived pump before deeper dump. Next stop around 15cents or lower. That's only my impression and feelings, nothing technical. Maybe bigger pump in whole crypto is postponed for November, but is very hard to me to predict what manipulators on this market will do and at what time. Honestly i dont believe now in any technicals here, as i see more and more behaviour like in other markets (forex and stocks). Technical analysis is illusion. Few times it tends to work, but in the long run it can kill any trader, when manipulators will change their paradigm. I only wait now for satysfying prices to accumulate intresting projects as cheap as possible. But not with use of technical analysis, only price/fundamental technology ratio accordingly to my subjective impressions and research. I will publish here my entries in future, but without TA. Warren Buffet says that for him fundamental analysis is impossible in crypto, but he is wrong in that matter. There are fundamental factors in many cryptoprojects, but very diffrent than in case of stock markets.
I can be of course wrong and pump here can be renewed after some correction, but i will be not in that train for sure as i dont believe in fast moves. Fast moves are only for realisation of longterm holded asset, not for entering in style of FOMO.
I can be of course wrong and pump here can be renewed after some correction, but i will be not in that train for sure as i dont believe in fast moves. Fast moves are only for realisation of longterm holded asset, not for entering in style of FOMO.
Comment:
And my plans to accumulate cheaper here and there will be postponed for next year. Patience is the key, even if this train has higher stations, there should be setbacks and other possibilities. I dont trust in my astrological nor technical knowledge to get in now in this train, because i dont want to play like in casino. I like accumulate, hold even for few years and realise profit when bubble will occur. We had here significant bubble (and in whole crypto) and chance for another one in this year and in the next are very low for me.
After 37cents decisive attack this can go lower, until then chart has of course some more bullish potential in contrary to my bad feelings. But i only observe. Astrologically significant growth should here occur, maybe with new all time high and challange to position of Bitcoin. Clash of Titans in this case is probably ahead of us.