After a very large correction, taking us down from around $1.20 to 5c, is the pain finally over? We have fallen over 90% and the chart has reached the previous lows and they have acted as support. Blessed to have been able to pick up this gem so cheap.
We have finally broken the trend line we've been stuck under since the 1st of January. The Daily and Weekly...
Well shit. There isn't much to say here folks. However, it has pretty much reached rock bottom, only way is up. + Albt moves similarly to Btc therefore it should see a pump very soon, just a matter of time.
Again, even if it doesn't pump anytime soon, i'm personally in this coin for the long term. I'm just gonna try trade it to increase my bag.
this is a new analyze method im developing , still working on it but main trends, supports and resistant's can be found by this method . and also an acceptable time estimation. you can see how price moves and reacts to these trends in all posts. still working on it to debug the method.
The 1.618 fib of the last rally is also the 0.618 retracement fib (not shown) for the current retracement.
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We see that it is approaching its own support area and is expected to be supported here
you can invest in it for a while, but first make sure that the trend changes and rises
what is your opinion ?
This is a personal analysis and not an investment signal.