BonnaZhu

BonnaZhu

The recent market bull run is just an abc pattern correction wave beginning in December before the final dump, now finally it's coming to an end. For LTCUSD pair, it is now entering a heavy resistance zone, where the free fall in Nov starts, roughly 50-55 dollars. Daily time frame RSI and volume are both losing momentum at the same time, forming an evident...

BonnaZhu

History repeats itself, especially in crypto market, as there's not much fundamental support to these assets these days. We shall be excited, as god gives us a second chance to engage crypto/blockchain revolution at a reasonable price level. Litecoin halving might bring us the first bull run of 2019, roughly from May or June to July or early August, for the...

BonnaZhu Updated 

Three reasons why this is not a temporarily retracement: 1 Daily time-frame divergence, higher highs with volume and RSI declining significantly; 2 Price getting closer to ATH with significant resistance above (red area); 3 BTT ico about to end at Jan 28, Tron holders who didn't get the chance to participate will dump. Hint: BTT airdrop is not significant...