August Report: Alt Coin Power? @ Aug 8th, 12th, 17th: IV-V Wave
Updated
Things are turning interesting here.
Decreased volatility for the last few days is an indication of volatile price change is in the near future.
We are more likely to have a rally, than a decline, as we are finishing what appears to be a micro 1-5,abc pattern.
If the price continue to stabilize, this will lead for the price action for Alt coins accumulation, thus creating new bottoms of 2019.
I am sensing that alt coins are slowly, but surely waking up.
I am expecting big double digit gains in the alts.
Revisit your old favorite coin: Don't forget that somebody else's shit coin - is a diamond to you - in a few years.
On July 31,2019, FED begin to cut rates?
We could see a price increase in the Crypto, as a value of dollar will decline against Cryptos.
High interests are good for market, and bad for main street and crypto.
However, low interest rates are good for Crypto, and complicated for stock bubble, as central banking will continue to inject capital into stock market, as long as Earning Reports are good.
This year we can see some significant movements by government to make regulatory inclination. We have hearings in Congress because of Facebook Libra.
Hot Summer just getting hotter for Crypto Community.
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
Decreased volatility for the last few days is an indication of volatile price change is in the near future.
We are more likely to have a rally, than a decline, as we are finishing what appears to be a micro 1-5,abc pattern.
If the price continue to stabilize, this will lead for the price action for Alt coins accumulation, thus creating new bottoms of 2019.
I am sensing that alt coins are slowly, but surely waking up.
I am expecting big double digit gains in the alts.
Revisit your old favorite coin: Don't forget that somebody else's shit coin - is a diamond to you - in a few years.
On July 31,2019, FED begin to cut rates?
We could see a price increase in the Crypto, as a value of dollar will decline against Cryptos.
High interests are good for market, and bad for main street and crypto.
However, low interest rates are good for Crypto, and complicated for stock bubble, as central banking will continue to inject capital into stock market, as long as Earning Reports are good.
This year we can see some significant movements by government to make regulatory inclination. We have hearings in Congress because of Facebook Libra.
Hot Summer just getting hotter for Crypto Community.
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
Note
Zoom in
Note
It appears we are turning bearish, till August 12.Note
While analysing alt coins fractal falls on Aug 13. So hold on, this could get bumpy if BTC decides to tank.Note
It has beganNote
Damn, fractal is a bear. Makes sense, I guess resesion is no good for crypto? However, I still believe that crypto will be a better assets to hold than stock.Note
Fractal cause: zerohedge.com/news/2019-08-14/cryptos-just-collapsed-irs-deadline-loomsNote
globenewswire.com/news-release/2019/08/16/1903230/0/en/Visionary-Bitcoin-Creator-Satoshi-Nakamoto-to-Reveal-Identity.htmlFalls right into our Aug 17, fractal, it is possible that this can cause confidence boost in alts!
Note
Etc is pushing alts up..
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.