MrRenev

Cryptocurrencies bottom

Short
MrRenev Updated   
Posting here where I think cryptocurrencies will bottom (temporarly). Ripple is already posted, the bottom for me is 0.065$.
Trading view does not let me post log chart, sryyy.
Spent a year analysing crypto and now I can post bottoms with a solid degree of certitude.
And both you and I know I have strong odds of being right, my targets for Lisk all got reached and the price bounced there, same for ETH, same for LTC.

Summary:
Lisk
Ethereum
BCH - ABC
B-SV
EOS
LTC
XLM
Tron (haha)

First, let me start with Lisk which I already posted,
Made that overly bearish troll chart a while ago and got flamed in chat for saying Lisk will bottom at the ridiculously low and unrealistic target of $1.
Kept getting called a clown.

Who is the clown now?


It might have already bottomed. Or not? Either it will consolidate in that area and not push down, or let's go for another ride, down to 25 cents, which would be a decrease of more than 99%. Who is the clown now? The Lisk bulls sure did not miss out on the fun. I was supposed to feel sorry for missing out :)

If the company survives, 25 cents should be the bottom... at least for the next years. Beyond that I cannot say anything... thing's completely dead.

Ethereum is in the same boat as Lisk... the recent bottom might get taken out when Bitcoin falls... Or not.
If it crashes, next bottom will be about 25 bucks. Actually 20.



Next is Bitcoin cash ABC.
0$ bottom. Not touching it. Not financial advice. Personal opinion.


Bitcoin SV.
Coinflip. Might never go below $50. Might bottom at 30$. Might bottom at $5.

EOS.
Can you believe it went to new highs in May?

LTC.
SAME THING AS ETH LISK AND MOST CRYPTO's
If it did not bottom already, it is going to crash much lower. 5 bucks (cracked up as I typed this). Think of those that bought at 150$+ and thought they were geniusses and made calls for 1500$.

XLM
Ouch. Long way to go. Very bearish on XLM... But that it did not fully crash like other crypto's is very telling and pretty bullish long term... And the social interest in XLM is low, it's like top 50 or even outside of top 50 while top 5 or so in mcap...

Made an idea part 1 on XLM. Just generic stuff. Have to do part 2 & 3 which are fundamentals and TA, might rush it because cba going in details and all...

Tron
I just have to post about my favorite ponzi pump and dump.
Haha. What the hell. At best it will fall 99%. Best case scenario. Rofl I have not heard about the Tron geniusses in nearly a whole year.
And this bottom will be followed by this, Tron final destination:

Remember, I cannot predict the future, so it is not a guarentee that this final target will be reached by Tron.
Another possibility I must admit is this:

Haha just kidding did I get you? ^^
Here is my real second possibility for Tron:

Negative because the price of shame to hold any Tron.
And, I SWEAR. God be my witness, I SWEAR, if someone offered me money to create a Tron wallet and receive Tron from him I would not do it (well, up to a few hundreds. I would accept for millions sure, but no Tron bagHODLer will ever have millions in their hands ;p).
So I can honestly say Tron price might go negative. Pretty sure most people would not want to go throught the trouble to install a wallet and everything for something worthless ;)

Voila. Here are my calls. Hoping most of them will be correct as always. I am a true market cycle expert now :p
Sad I cannot bet on prices going down, but seriously, if we could buy puts on crypto every one would do it. Lmao Warren Buffet would have sold the entire crypto supply all coins included.

These bottoms are good buy area's, but I sure am not betting on these being permanent bottoms.
Most crypto will die (effectively bottoming at 0 even if not "technically").

I would be happy to look at a crypto if someone is curious on my opinion of something, I love doing this as a break (was looking at uncorrelated commodities I can day trade, well outside of the big two Oil Gold there are none, take my word for it, fees are too high to make it worthwhile. sad).
Comment:
A few more:

BitShares. They have been around a while and survived, so they could still be here in a while. I hope we can still trade crypto's in 10 years, BTS might be around. But no one is interested in decentralization. Far more people speculated on this (via Binance) than actually use their platform...
They have a trading volume 0.1% of the centralized exchanges and 0.01% of the big ones. Any regular bloke trading there would double their daily volume.

At an important level now as we can see, but should bottom under that line. Think half a cent to 0.75.
If price goes below that... might die? Have not checked. They do not really need money to function, so it could stay around another while. I just do not really see the value of this. More like a crowdfunding I suppose?

I would not touch before $0.01, I am almost certain it is heading down there.

Iota, the crypto that scales. I... am sorry for your loss.
Don't trade this, there is no bottom.

Cardano exact same thing

Another platform, Vertcoin.
Hmmm this reminds me of something. Where did I see this pattern, of ath bear market, bull market topping at ath, then the price slowly falling diagonally without any consolidation period of more than a few days?
Oh right?
Hey hey hey wait wait wait let me do the fractal (giggles).

Groestlecoin, another platform. They never popped that much, and I am 99% sure the only reason is because of their name (lol...), too complicated for dumb cryptoers. They are not very well known, but fundamentally, they are doing the same thing as the other ponzi - er I mean fine crypto platform projects.

Wow, that chart. Every thing collapsed and Groestlecoin is holding strong! Wow really. I cannot really predict the bottom here, somewhere in that rectangle with imo the highest probability on that line I drew.
Comment:
Bitcoin year closed...


If we fall below 750$ I think Bitcoin is over lol.

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