To me ITS OVER!!! 10 reasons WHY!1. MiddleEast at war
2. Elon Musk manipulation (electric vs petrol wars)
3. Low buy volume in critical dips
4. MA50 Daily (blue line) starting to point down
5. Crazy hyper alt frenzy buying of shitcoins ends in bitcoin depression
6. Bad sentiment in the market now
7. Many bulls screaming 100k
8. Feeling overall is end of Dec 2017
9. H&S formations in btc and altcoins. Peak formations i believe
10. We have to thank God or luck and make drastic decisions sometimes. Hodled 100% 4 y. Still hodling 20% which is around my initial investiment.
Waiting for MA200 and MA50 daily death cross is a pain in the ass...
XRP broke 3y downtrend. Now rising. Always leaves the best to the last when btc is at darkest stage.
If i am right. Alt season is entering final stages.
Honestly dont believe in 100k anymore but hope BTC proves contrary and makes a miracle!
GOOD LUCK!
ALT
Bitcoin Dominance Idea UpdateAs per my previous idea, BTC went in to the central support area, which was expected to then offer weak support, and fell through. It wasn't strong support, so the precipitous drop has occurred exactly as predicted.
The nearest support is down around 39, so alts may suffer if we get a bounce around there this week or next.
At the very least, we should get some slow down of the freefall.
The increasing volume toward the bottom usually indicates buying, but since this isn't really traded, I'm not sure what significance it has. It will be interesting to see.
DOTBTC - Volatility IncomingIn my opinion, we are entering another defining phase in Polkadot's price history. Dubbed Phase 2, I expect this phase to bring back significant volatility to the asset. The way volatility will go, upwards or downwards, remains to be seen by LMACD. However, I believe there is a good chance that we are breaking above of our consolidation range and hitting greater ATH's with respect to our DOT BTC valuation.
Keep this on your RadarAs you can see we are still stuck in this multi-year downward trend.
I think Metaverse might become freaking huge though.
It's like decentraland but isn't even up and running yet.
If they start making real progress and get it online this would be a HUGE buying opportunity.
We're on support right now, so we might get a little bounce.
Below that, $0.24 is the next one and then $0.17
If we get all the way down to $0.17 I'll buy as much as I can.
If you have some I'd probably just hold it and buy more as this goes down.
I don't currently own any ETP.
Just my opinion. Not financial advice.
If $12.50 breaks, Look out Below!!!I know Nano seems to be going up while others are going down, but I am confident that gravity will take hold and it will follow the rest of the market. Could be a great short opportunity but I don't think you can short it.
Elliott wave count appears complete as well.
$5-6 is the target.
Not financial advice.