bearish Head and Shoulder is forming with dip at 8.5 cent during next 24 hours
Head and Shoulder pattern forming with dip at 9500 on evening of 21 January
Dejavue history repeates. If tether would became insolvent and Bitfinex as well many other exchanges would decalre themselv insolvent as of do not having enough real USD to cash out all withdrawals , the crush would continue till end of September of this year. Then it would be good point to enter at $2500 per BTC
2017 was buying year 2018 will be selling year
If the 7 cent support would hold, it makes sense to renter for long HODL
Seems we are in classical bubble effect with correction to normal linear grow with optimist case at 9000 or worst case at 6000
Bitcoin left the parabolic grow channel. We are definitly in big correction that could be up to 90%
The parabolic grow of bitcoin is not over. Up to 50% Volatility for 2-3 Month is usual, which in 2016 was continuing even up to 6 Months. But in February there will be new run for bitcoin due to high volumes and a lot of new users waiting to be registered in overheated exchanges most of which stopped registration of new users. 40 000 in April is still probable.
Seems there is periodic corrections and waves inside the Triangle that ends close to 20 January. Taking into account that 20 January is deadline for Korean Exchanges to implement the Identification and stop anonymous registration, this could be important hint for privacy coins one of which is XVG to break out
If the grow trend will hold it will reach the ATH till 12 January a break out is very probable. But usually Weekends are the most active time in Crypto Trade and in most cases it results to sell off, exept the bittrex and other big exchanges will resume the registration of new users and this could shot all the crypto prices to the moon. with fresh money. New...
Most possibly we will have the same parabolic grow with similar waves at 1800 and ATH at 5000 Satoshi till middle of January
The grow of Bitcoin is still in parabolic trend. But this could end in April
If thronix will hold the 1300 next 24 hours, there is still a chance to grow back to ATH $trx #tronix seems not able to survive even small Bitcoin correction of 15% resulting to 50% crush from 2000 to 1000 in last 24 hours. This is indicator of purely speculative coin for which corrections below psychological levels in this case 1500, 1000, 500 satoshi could...
Due to statement of coinbase that there will be no new Currency added, the fall could be hard as of most of speculators were hoping to have ripple in coninbase. At prices below 10 000 the panic sells will start lik i was in June 2017
XVG was moving at same pattern between June and December last Year then followed the +4000% in one Month Taking into account Anonymity Ban in Korea coming on 20 January 2018 and most probable follow up of anonymity ban in USA and other countries next rally for XVG is highly possible.
Verge overgoing critical cycles of 3 Day size Next will be on Jauary 04 08 11 15
Verge Currency hired an Marketing Manager. Hopefully the chaos with announcements, fake news and deadline would be eliminated and coders will code, PR manager will announce and care about smooth grow or stability with some break outs at important timepoints.
Each rally of Verge were between +200 and +400% following -30 till -60% lose. In this cyclic grow Verge will be still at $1 in first week of January