This is just 1 of the scenarios, obviously it will not go exactly like this but i do believe that it will somewhat resembles the upcoming moves. and the bottom will be around 600b - 700b, before the massive alts-season play out. So i think the correct plays at this time are: 1/ Hold on to your coins and add more later if you still have cash. 2/ If you don't have...
The ltc/btc pair has just broke up a long term downtrend channel and litecoin is very likely gonna have a strong bull-run in the next couple of weeks. With Paypal allows Americans to pay with Litecoin, this opens a huge opportunity for this coin to gain more adoption and recognition. After everything's said and done, it would not be a surprise to see 1 litecoin...
xtz has just broke a long term resistance and found support above that. Very likely that the next few weeks is gonna be very bullish for XTZ, the most short term target is at ~ 13$ which is 100% gain from current price.
Bitcoin is more than likely to have another rally to ~60k before a big crash, i'll make sure to get out of all my altcoins positions at that point
Bitcoin is clearly struggling to break through some heavy resistances at 9k4, plus it lost a lot of steam from its rally from 6k5 so it's pretty unlikely that Bitcoin can break 9k4 right now. Trade info: short at: 9k4 stop loss: 9k7 Target: 8k
Technical analysis Ethereum Classic, this scammy project is gonna have a short term retrace before continue its scammy rise. Newbies are gonna lose money buying into at the high and selling it at the low, whales make shit load of money and good traders have small pieces of the cake, just normal day in the market
i would be very tempting open a short now consider how the price has gone parabolic in the previous couple of days, but let's just be patient and wait a bit more until the price touches some key levels at 450$ & 600$
Looking at the chart it's quite easy to say that StellarLumen is more than likely to drop at least 50% more.
Litecoin broke some major supports and there's not much below now. It may have a weak rally to 52$-55$ following Bitcoin's bounce to 8200, that's where it faces a lot of selling pressure and falls like a dead bird to ...... 26$... 17$... then... 6$ then hopefully, 0.6$, which i still think is quite overpriced for this shitty shit-coin.
ETH just broke all the most critical supports and now struggle to get back up, it's just really really hard because we all know what it means when critical supports got broken. Actually, the best case scenario for ETH is to form the double bottoms pattern around 80$ - 90$, and that is the most bullish case for ETH. I myself see a 20$ - 50$ ETH next year.
just ignore whatever whoever tells you about the potential of this project and it's gonna be 1000x in few years, it's all horse shit. Everything corrects and the sharper the rise, the sharper the correction.
it's very not likely BItcoin is dropping now but it's also not likely that Bitcoin will break 8k on its next upcoming move.
Let's make it short, if Bitcoin ever ever breaks 11k again in years to come, i would delete my pro account on TradingView ; )
All the indicators all agree on Chainlink's fate, that is to have a 80%-90% drop just like any other altcoins : ). Volume weak. RSI looks really bad. MACD even worst. It's likely to have a small rally to ~ 2.6$ area and that's the last chance for you all to get out. I'm also looking forward to short it there!
The confluence zone is thick right at the double-bottom area. 0.027 - 0.03 is the perfect long setup for Cardano. Coincidently the drop from current price 0.036 -> 0.03 is roughly ~20-30% which aligns well with the Bitcoin chart since Bitcoin next thick confluence zone is ~ 5600 which is also a ~20% drop. So, with that said, Altcoins & Bitcoin are very likely to...
The title says it all. Bitcoin does not necessarily follow the exact same path but it's likely to respond on those big trend lines
chart says everything, there's no risk whatsoever , (shrug)