Could we see something good next weeks?
Yes we have a chance, bitcoin can be now in the middle of abc correction...if so, we will see more red on btc. Well, this is a good information for the alts, some capital should came here and more positive colour will appear.
See you soon
As I have noticed, a lot of veterans from the last bear market didn't expect that price can move that fast and that high. This is good example of a market psychology. In which stage of the market are we right now? Rather I think that we are close to disbelief.
In this idea I wrote 3 scenarios. One is very bullish, I have spotted that bulls...
Hi, I haven't been here for a long time.
I was quite bearish on my last few analysts, as we everybody saw BItcoin have rise very high. I didn't expect that BTC could go up so early. I was expecting long accumulation and start of a new bull season at the end of 2019. But this is trading, price is not always go in the same direction as we have in our minds.
We are still in huge long term accumulation zone, it's little bit too early to grow imo. In short term btc could form a bear flag which will be a distribution zone for the last movement. Still possible to hit 5800-6000 but in general in the next months we can short a little. Btc should stay in safe zone which I marked in green, from where in huge...
Looking that Bch stay in the accumulation zone, 3 bull scenarios. Next hours will definitely tell us more. Still possible little drop in the 35-31 zone.
If a price will fall bellow next support 25 and 23 on double bottom, bellow that can be really bearish
Looking that bch is forming an falling wedge. We can expect nice upward movement in the near future but first we can look for a good spot for entry.
This is just an idea...optimistic idea. Everything depends on btc movements
be smart not luck