Here's my opinion on crypto right now, it's simple:
1) Bitcoin's not finished yet. ,The markets are oversold and are preparing for the next leg up, which could mean we move sideways from here over the next 2-3 months. Wall street, institutional money, and governments are just beginning to buy up a shitload of crypto. Instituional buy-in always preceeds a...
Two targets in blue. You may think I'm crazy but with 40%+ supply locked in staking, privacy and other features coming soon... I'm looking for a 5-10X within the next couple months. Ever tried to buy DCR? Nobody wants to sell it.
Perfect inverse H&S forming. Neckline minus the head, plus the neckline takes us to around 84k. Beautiful looking chart. Should take ETCUSD to the 75-85 USD range.
See my ETCBTC and ETCETH charts...
Every single chart is bullish.
My hypothesis is that it's in a pump tunnel. Just hit major long term resistance and many are taking profits...unfortunately those that are selling now are going to be kicking themselves over the next couple weeks. Their FOMO buying will be the jet fuel for the massive pump incoming.
See snapshot below for larger context-
I'm looking to pick up DCR between .006-.0075. Privacy features are coming soon. But until then, I'm short. We're above the cloud, and other indicators suggest we need to find support levels before launch. I'd suggest taking profits from ETC in the next 2 weeks and use those to buy more DCR.