Noobincrypt

$xtz just some scribbles

Noobincrypt Updated   
BINANCE:XTZBTC   Tezos / Bitcoin
not really serious, was just going through the list and thought, lemme save this to see after a few days.
curious what happens.
What is it? its a style of rising price/time move, so, sometimes what happens is that during uptrends, in order to keep the vol and what not up, the consolidations get shorter, price gets more compressed, and then has to keep popping upwards faster, something like a parabola. After a time consolidation cant work anymore without breaking down, so just a bit of forecasting, not really a trade setup, just a what if type of play on some thoughts i have.
Comment:
a note for myself. the low and mid caps perform like real shitcoins, endless slow bleed and endless moon. the real high caps take their time (usually). So compare lsk and fct to atom, xtz, xmr, ltc, the higher caps take longer to move (in general, but scams always go nuts, bcash, bsv, dash), have much more liquidity, and are easier to manage (you dont wake up +/- 50%)
Comment:
still in wondering if its bail time. weekly close was ok. watching for now.
Comment:
could this have been a similar move jan 28th to feb 1st playing out here with the higher low? perhaps.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.