I persoanlly believe we will still see more SERIOUS downside yet to come. My opinion. LOOK at the indicators. LOOK at the Heikin-Ashi candles as well. Your best bet is to sell all your alt coins at the moment to ultimately get them back into USD, EUR, CNY, whatever currency it is your trade BTC in. So what if your alt coin goes up in value when BTC drops in...
... point for very long at all. I would expect a MARK UP to be in short order afterwards up towards the top Aqua Blue horizontal line. I would not be surprised to see several shakeouts from the start when it begins to move and many more shakeouts along the way.
... used for accumulation and distribution into other alt coins and BTC. I also explained this quite well in a previous publishing on "AUGUR" (REPUSD). The chart below is a link to my AUGUR/USD Publishing: ADDED ETHBTC POLO to the DASH CHART FOR COMPARISON.
Geeeeeeeeez Another one I missed. LOLOLOL Everyone knows this is another one worth watching.
Heikin-Ashi shows reversal on the 2h. Going to make a turn to downside for second test. ALSO, RSI is peeked for sure at over 80 percent. Time to sell in my opinion. Pick your spots right on the way down if you plan on shorting. Pay attention to indicators when shorting... Could this be just a shakeout with a little downside before continuing up? Possible,...
NOTE: ETHBTC, DASHBTC & XMRBTC all dump when BTCUSD pumps. However, XMRBTC did not dump NEAR AS MUCH as ETHBTC. WHY? Because the small XMRBTC dump was intended to be more of a SHAKEOUT before pumping it along with BTC. The Composite Group wants XMR just as they do BTC. Who wouldn't want truly anonymous transactions that can also scale to volume of transactions...
... ETCBTC. I'm still uncertain where C.G. will take this ETCBTC. Remember, as I have said before, ETC WAS GIVEN to most people who have it after ETH's Hard Fork because of the DAO Hack. Which meant plenty of people have ETC to trade with. Especially, ETH Whales who suddenly became ETC Whales over night. That's why C.G. has to be a bit more careful with the...
... what I will be a shakeout coming before continuing upside. Shakeouts are quite common both before and after breakout lines in crypto. I still honestly believe C.G. places high value on these two crypto currencies: BTC and MONERO. I believe he is using all other crypto currencies to accumulate both. What do y'all think?
It is my opinion Monero/US Dollars will do whatever BTC/US Dollars does for the most part. Monero, is gaining more notoriety with all it has to offer. C.G. knows this. Even C.G. likes what Monero has to offer. Who wouldn't? So, I would say it's a pretty safe bet that XMR/USD will do what BTC/USD does the majority of the time. Don't be surprised if XMR/BTC...
One has to keep close tabs on all crypto coins traded in BOTH USD & BTC . If BTCUSD increases in value while REPUSD remains the same, we can expect the price of REPBTC to go down to be collocated with it's USD value that had not changed. Coins that are traded in both BTC & USD are used as TOOLS for accumulation and distribution both BTC & USD while carrying...
I mentioned in an earlier publishing on this coin that it would be worth watching. I believe it's definitely worth getting into. That's my opinion. I will edit and post Heikin-Ashi Candles for the daily chart shortly. Below is Heikin-Ashi Candles for the Daily Chart: I keep getting distracted by other things to miss getting in at proper entry. That last...
XMR has become quite the contender in crypto these wars. Especially, with true anonymity that also scales to volume of transactions without fear of backlogs like BTC. Hence, it's bullishness we see in XMRUSD. I personally believe this one is a buy here. Many are still skittish about getting back in with the big boys on BTCUSD. While XMR seems to be holding...
The notes in this publishing as well as other previous publishings speak for themselves. I got in on this one a little late. We'll see how far Amp goes up before reverting to a Second Test. Happy Trading... Heikin-Ashi shows more upside on the 3D Chart: Heikin-Ashi 12h shows a little weakness at the moment for upside but still up.
Looking at our current indicators (MACD; RSI & Heikin-Ashi]; it looks like BTC Might want to go up a bit more. At least upside to approximately my yellow line. Looks like we're currently in an Accumulation phase. Which would be healthy for BTC in my opinion. Time will tell... 12h (below) showed like it wants to reverse to upside but current candle acts like...
I would still remain cautious with LSKBTC. You can short it on the way down if you like
Ripple looks like it's still going down towards a Second Test; just as I stated in a previous publishing on Augur. Which see below... It would be too risky, in my opinion, to go long here. Just saying...
I missed this one. Those who may want to get involved with this one keep an eye on it. I personally am waiting to get in on this one. Too risky to go long now in my opinion. I'm waiting for a Second Test before considering jumping in. Happy Trading... Forgot to show where PS is located in my opinion.
Preliminary Support Changed once I took a closer look after watching us ride along this lower Accumulation Channel. Disregard previous Publishing on STEEM regarding PS. I believe it took them a while to establish PS and I've explained in the Text Bubbles. I hope this one does a Double Breakout like many other coins. Time will tell. Added Abbreviations for...