Here we see a large pendent forming just under the 12k line. The difference in trend follow is almost 50-50 for it to break and follow for bull or fall down will bears. Speaking historically from 2017-2016-2015 charts we will take in favor of bulls in the upcoming months.
here we see if price is forced down as prior trend shows it and see the 8-9k range. I believe 12-12.5k will have a phycological shorting issue bringing bears back just in time for the price to be forced down one last time.
We see here that 10k has had prior lift off buying tops and bottoms, 11,050 was i believe the price futures closed on. 10k seems to be our bottom with a nice organic selling. i believe we have hit our point to accumulate all BTC/ETH/ALTS. Please let me know what you guys think. Media and regulations also starting to lighten up and BCC is no longer.
if you are riding waves i would sell at the red line. truly hate tracking this kind of pump and dump. NEW TRADERS PLEASE STAY AWAY FROM THIS! MUCH EASIER COINS TO TRACK AND GAIN FROM.
Year of true blockchains coming to play! ETH is a save longterm investment, its competitor EOS is even distributing its network tokens over erc-20 tokens. Anyone looking for safe investments in crypto space and do not want to deal with daily trades EOS and ETH will be your best bet!