Looks like we are going to break ATH, possibly tomorrow, however will we get a retest back down on the breakout before a farther move upwards?
I personally would rather hold through the dip and add more if we do go for the retest, if we dont retest, enjoy watching everyone else run for price discovery on apple.
A lot of alts are setting up similar patterns, I know we are all ready for alt szn, but Id suspect it comes once most are ready to breakout. some are starting. SNX, ZIL. Stay calm, dont chase the pump, let it come to you.
Ltc broke the short term down trend, as long as it can maintain that support level we should level out and make a higher high. if we lose that support level (yellow line) I think a great entry is setting up around $95
its been consolidating and forming an inverse head and shoulders, and most recently we flipped resistance to support, as long as that support continues to hold I can see us making some large moves upwards.
Why so bearish on the slack acquistion? I see this as a huge sell the news and sell the "oh they could have built their own, or bought someone cheaper". Sure they could have but they didnt. So time to move on and explore what they are going to build with Slack now.
Buy support. sell Resistance. Why stress about anything else?
We broke out of the triangle but will we see any increase in price with the upcoming airdrop? or has that already been priced in.
I see a lot of people calling for $1, if that were to happen I think we would need a shakeout before hand. I can see us trend up to previous resistances and then drop after airdrop.
Tomo, I dont see it breaking any further upside for awhile. It got listed on Binance futures, which means larger money can help manipulate and keep the price down, or bring the price up a lot faster, I just dont see that being the scenario at the moment.
Let tomo drop to support buy zone and as long as bitcoin doesnt dump tomo should hold the support and make...
Both end of 2018 and 2019 bitcoin saw a break down in price compared to where it was at the start of october starting in mid to late november.
Even in 2017 you can see it attempted to breakdown but was quickly picked up.
We are currently on trend with the 2017 fractal which would be great if we continued. we could see a high of 26k. I dont think thats very...
Tezos has proven to be a failure for many traders. Its quickly become one of the most popular revenge traded charts and ultimately rekking everyone who trades it.
I actually think xtz has bottomed, and there is no where but up from here, as it gains momentum it should rocket it to new highs because everyone will buy it to "get their money back".