ZILBTC Trading at a longterm bottom. If we are able to get a strong push, this project could fly. The zone looks more like a consolidation zone than a bear flag zone. Moreover it could form an inverse H&S with a weak Ichimoku Cloud ahead. Fundamentally a strong project with great source code and github. From a marketing perspective it misses some peaces IMO....
Altcoin Chart looks bearish with a perfected 8 and 9 in the weekly. The RSI wasn't able to cross the 50 to 60 mark, which tells us, that we are still holding bearish momentum and the downtrend. We are still holding that channel structure with false breakouts in either directions. The Elliott Wave Theory tells us, that we are still missing a leg down. The...
ALTS seem to be in a bearish longterm territory: Elliott Wave is missing wave number 5. The correction of wave 2 and 4 are perfect, one steep, one flat. Wave 3 needs to be the longest. A massive bear flag is being built. Weekly perfected 9 on the TD sequential. Target: 25 to 35 billions of ALTS market cap.
Hello guys! I have some BIG warning signs for you: Bubble Theory: Do you really believe we are currently in the phase of a sucker's rally when everyone is shouting "BUY". I'd rather hear my friends ask me "Do you still believe in this sh** market???". Than I buy! Emotions: --Last week, friends and family came up to me and asked me how they can invest in...