Relief Rally +TA pressure against Gold is going to dampen this multi-month support and rally Short here down to 19.00-19.50 where +year longs can be opened late 2019-2020 geopolitical uncertainty and third top for the bull market will fuel the bounce
moving slower than many other alts - Zcash Co Marketing 2019, Blossom in Oct, and other strong fundamentals Vitalik Buterin likes Zcash also
Big Banks and the Old Guard of Fiat Capital Will Continue to Attack and Damage Bitcoin using all available vectors
1. artificially clear shorts with a breakout pump 2. activate the attack 3. simultaneously market short (leverage+) 4. slow trickle shadow social media coverage 5. allow for the slow retail/ market to react 6. eventually close the short and then flip-long to rally the springboard
NICE setup for counter market movement, if 2019 is a flat/ topping year IPO price is $25 range, consider that the long term target
short is the best option, only risk is a black swan event that launches it up to #1 resistance
it all hinges on volume and fundamental events.... if coinbase unlocks their user base BSV and opens a market - - - all analysis here is out the window, because it can moon or collapse BSV remains in a bullish cycle until the trend breaks
short 3.90 - close position at 3.65 - moderate leverage if necessary
Nobody is buying this junk anymore. Institutional Short Capital is entering the market in crashing Waves. 2019 will be the year of annihilation
shorts still are controlling the macro trend - bulls wasted all of their new capital buying "Dips" at 8,000 - 5,000 k
bitcoin dump to $2,900 can move it down to the House Zone - if it retains bullish ETCBTC reversal - then just look fro the buy ZONE
Ver and Jihan Bankruptcy Funds will be assigned to $BCH hodlers
look for a 30 day bleed out - deflating bull volume - rising wedge - Diamond Top structure - cheap oil/gas - market uncertainty and EoY selloff
ETC-USD approaching capitulation (will lead all of BTC-USD into abyss)
A good traveler has no fixed plans, and is not intent on arriving. looks like a convergence of bullish setups. if bullish volume ramps up, expect this to take off
targets near 2700 - 3k range before the end of the year
completely depends on volume and price action in December either way, don't get FOMO faked out here in the last couple days of Nov with this low volume pump... theyre just trying to close the candle higher artificially/ make the Nov wick taller
look for that volume sell off on small candles