There isn't a lot of long term background data on tron
so producing a long term chart may be a little inaccurate to say the least.
During trons present run, it should run up to approximately 700 sats and
then retrace back down to the lower trend line. The next major bull run isn't
projected to happen until approximately November of 2020. At that time,
DGB will probably move to the downside and create
a double bottom prior to running up to the upper trend
line and attempting a break out.
Once the Breakout comes, it should go into a full bull run.
Considering BTC appears to be coming down I believe that the alts could follow suit,
optimum scenario would be for DGB to create an Adam and EVE double bottom
I will be honest, I have been surprised BTC has pushed so high so fast without any sold retests. At this point I don't think that 10k BTC is out of the question. I would like to see a solid retest of at least one of the major support lines. we blew through 6k way to easily, in my opinion and my optimum scenario would be to see btc hit 10k then retest 6k and then...
The recent drop of dgb required a re-evaluation of the chart. Based on the present information the over all trend date has been moved back about one month, which will in turn should increase the btc run value by approximately 100 sats. As long as the new bottom holds, the August should be the new approximate run time.
BTC appears to be headed to approximately 6350 for the time being. It would be healthy for the market to retest. I think the only reason that we haven't seen a retest to this point is because the people getting out of tether are going into BTC and buying there and a large number of traders have their funds locked up on binance right now because of that debacle. I...
LTC will probably be around for a long time, But they are starting to fall into the same funk that BTC has fallen in, and that is a lack of innovation. And no I don't think making LTC a privacy coin is a good way to go, especially sense there are so many good privacy coins out there already. If LTC doesn't get its act together it will get pushed below coins like...
OMG is one of my favorite white paper models and the potential of this business model can be astronomical if it is done right. Based on the present analysis of the long term charts it is possible for a substantial run very soon Especially if Bitcoin continues on its present upward movement. See the Attached note for additional details.
RDD hasn't had a major run for a little while and is coming to the End of a long term chart pattern. I like the community behind this coin but RDD is lacking in fundaments and Tech so I don't believe that long term this coin will stand the test of time. See the attached notes for additional details.
Digibyte is coming to the End of a very long 2 year chart pattern, typically the end of this pattern results in a substantial bull run. I believe it would be very foolish to continue trading this coin for small gains and a Hodl Mentality should be taken for the next major run. The Tech Behind Digibyte is solid, Probably more so than most of the other alt coins....