We all knew it was going to happen, here it is, the markets have been propped up by the feds and global economies haven't been good for a while, been waiting for the straw that broke the camels back....
aaaaaannd, here it is, coronavirus shutting the global economies down will make this a recession and eventually a depression soon.
I believe Altcoins dominance may hold support at where these 3 weekly moving averages the 21, 50 and the 200 are converging at the same time, pretty amazing that its wicked up from them. Altcoins may rally soon so buy some good ones that are trending up, #POWR #AION $POWR $AION, HODL my friends, HODL!!!!!
there was a small inverted head and shoulders on the daily that played out already, now looking at the weekly theres a larger inverted head and shoulders looking like a possible huge push upwards bouncing off the 125MA. possible drop to $8000'ish-$7800'ish! time to SSAC(stack sats and chill). HODL on!
To me looks like following the trend of the Altcoin markets, looks like its accumulating faze of altcoins before a rally, most times bitcoin and alts go the opposite then there are times when they move together. just looking at the technicals I believe its time to buy the best Altcoins right now with great utility and best fundamentals for long term like ADA, VET and XRP
BETTER BUY SOME BITCOIN NOW BEFORE NEXT MOVE, I HAVENT SEEN ANYONE SHOWING THE 21 WEELKY MA. LOOKS PROMISING, I KNOW THE MACD LOOKS BEARISH BUT IF YOU ZOOM IN ON THE MACD IN LAST BULL MARKET ITS DONE THE SAME THING, IT BARELY CROSSES THEN CROSSES BACK OVER WHEN BOUNCING OFF THE 21 WEEKLY MA. LONG TERM CHART ON THE WEEKLY BUT MORE PROMISING ON BUYING OPPORTUNITY....
LOOKS LIKE THE ALTCOIN TREND IS LOOKING BULLISH ON THE CHARTS REGARDLESS OF MOST PEOPLE SAYING JUST TEMP PUMP THEN DUMP. IT SEEMS ITS TIME FOR A REALLY WITH BITCOIN THIS TIME. BITCOIN ALSO LOOKS BULLISH TO ME, I WILL PUBLISH THAT CHART NEXT.
ALL ABOARD!! BUY your tickets for the Vechain express to the MOON if you havent already!! Not many people have talked about this SLEEPING GIANT too many fundamental to list, I have made a youtube video on my channel www.youtube.com
anyway the biggest sleeper i think is Vechain i got a first class ticket on the Vechain Train