Hello Crypto traders and investors!
We are pretty sure you are wondering when it's time to buy cryptocurrencies again. Well, Cryptos are still trading in a bigger sideways correction, which we see it as an A-B-C flat formation, especially if we take a look on shitcoin index, where we see quite clear Elliott Wave Pattern, called 3-3-5 flat correction.
Often, The Most Logical Answer Is Also The Right Answer.
This count is easily the most logical. Why? Because it respects the fact that we have a suffering economy and a negative outlook for the future, while still also respecting the fact that many signals are pointing bullish in the short term. Long term, bearish, short term bullish is the tune that the market...
Over the last one and half year, the triangle pattern for the shitcoins are still valid. It ends at "ides of March" in 2022.
According to books, the upper breakout has a bigger chance.
But, let's wait and we will see.
It is not a financial advise, just drawing some lines to a chart
ALTMARKET. Shitcoin market reflects how well the altcoin market is doing. Price has currently met resistance and has consolidated forming a resistance checkmate. When price breaks out or rejects will see price volatility.
The ship perp contains 50 different crypto with low cap.
AE,AION,ARDR,ARPA,BCD,BEAM ,BTG,BTM,BTS,BTT,CHZ,CKB ,DGB,ELF,ENJ,GNT,GRIN,GT,HBAR,HC,ICX,IOST,KMD,KNC ,LAMB ,LRC, LSK, MANA, MATIC AND SO MUCH MORE.
Just break the falling wedge im long
Seems a bottom is trying to form right above a previous channel that had been broken out from
This is the index for altcoins
Hopefully this acts as a point that will hodl and provide us a bottom to lead forward
It does seem that the market is quite confused right now,
the way I see it is buy as many dips as you can (if you have the capital)
I really doubt the...
I am bearish on #SHITPERP for the following reasons
I see more red volume above average. This tells me distribution.
Super Algorithm Indicator has called bearish today.
It has excellent success rate calling bearish on SHITPERP. Below are the past times it did so
There is a valid TD sequential sell with targets shown from the TD