Ok,sorry to spoil the party, but I need to reign in the excitement a bit.If you think Bear market is over I really suggest you to think twice! Seen many pump & epic dumps since 2016 and I can tell you that It will not be so easy to recover all the pain!
If you asked 10 people about their strategy you will find one trader among each 10 people. 9 out of each 10...
On the 6th of January BitBean found the top at $0.042, after which it declined back to $0.0054, losing 87% to USD. At $0.0054 it found the support confirmed by 227.2% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout. The support was rejected twice while the RSI oscillator formed a bullish divergence, suggesting the...
The history repeats.
Next 7 Months we will see escape of investment from cheap coins like Bitbean resulting to up to 90% lose like it was in May December 2017
Since November BitBean has been rising strongly and went up from $0.002 up to the $0.024 resulting in a growth of over 1150% in less than two months. At $0.024 it found the resistance confirmed by the 127.2% Fibonacci retracement level applied to the last corrective wave down.
As there was a clear rejection of $0.024 it is now likely that BITB/USD will...
The first wave described in the idea is a second wave of the grand scheme. The second wave isn't complete yet, and the small candle isn't qualified to be a second wave of the smaller weekly trend. Ripple has plenty of room to grow! It's uptrend just resumed so its far from over.
Just thougt I'd mention Bitbean for visibility.
Wave 5 seems to have started. We broken out of the ABCDE pattern and forming a cup and handle. Once again, a very common pattern formation in this market. What are your thoughts?
Trade with care.
