Only a few top coins made it out of the most recent crash with oil with higher lows. Everything bottomed with BTC in 2019, rocketed up, then came crashing down with a vengence and when legacy failed, it took the shitcoins with it. Most posted lower lows then the 2019 bottom and thus I am long term bearish on them. BTC, ETH, BNB, and LTC are the only highly liquid...
Long term Monthly logarithmic chart with fibs, 8period cloud shadow, 8ema (red), 55ema(light blue), and "pump & dump" TD9 indicator. Compare last halvening to now.
If you dont understand economics or limited supply or how the federal reserve and the infinity inflated unbacked fiat system works I feel bad for you son. If you do understand that stuff, youre a...
I guess if you have a pile of money on the side and not worried about upside risk you can wait to see if it dips one last magical time to buy. Im all in and just accumulating more as time goes. All my long term indicators say selling any coins now would be catastrophic to your health.
Most likely BTC finds suport on the .236 fib and the bottom is in until halvening with no major upside action until 2020
Will bounce between the 3D 200ema & 55EMA and at some point moon
worst case scenario 200ema weekly is support at 5700 which would cause major volatility