Fractals where on point in January, which is nice, but February is fast approaching and looks like we got weekly events.
I know, that everyone is sad that BTC is below 3.5k - You can thank the Asians for that.
However, what most of you already realize - actually most of alts already have bottomed out and beginning to really spike the hell up.
COINS such as, PAYBTC, POWRBTC,HOTBTC, TRXBTC, LUNBTC, NPXSBTC,WINGBTC and many other that i have missed.
What all of these BTC sellers and shorts don't get - it is that not the price drop that concerns me, but how it is doing it, and what are the buyers are doing.
The way i see it, is that this just a giant bear trap now. And all of those panic sellers, not seeing the bigger picture. This isn't btc going back to sub 3k, this is BTC setting itself up to head back to 5k.
So do yourself and get yourself some crypto when we break the b-c descending trendline.
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