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Kommentera:
to add weight to this theory we need a red weekly and a red monthly
Kommentera:
NOT TRADING ADVICE
Kommentera:
Second part of theory is that alts are lagging do Q3 2019 is alt season in this model
Kommentera:
Kommentera:
Kommentera:
would need
1.weekly close around 10.7
2. monthly close around 8.3
to add weight to the theory that bitcoin is adhering to typical bubble cycle
1.weekly close around 10.7
2. monthly close around 8.3
to add weight to the theory that bitcoin is adhering to typical bubble cycle
Kommentera:
Kommentera:
Kommentera:
ETH
Kommentera:
on the weekly we got a green candle after the spinning top, there was a precedent set circa august 2017, the weekly dip might come later in the month
Kommentera:
if this a green month we need to rethink the hypothesis, target at present EOM is 8k; but this is a high risk zone for shorts and longs
Kommentera:
things seem to be playing out if so next week should be pretty good for alts
Kommentera:
eom target 8.7k
Kommentera:
Kommentera:
btc has prolly dropped to hard for most alts
Kommentera:
some alts look ok but i think we can forget a pan market alt season, currently looking at xvg,zrx,etc,lsk and a few others also checkout @Amjadsid
Kommentera:
8.7k target eom
Kommentera:
Kommentera:
monthly didn't close as low as we wanted but little has changed
Kommentera:
Kommentera:
all going to plan just a bit slower than expected
Kommentera:
Monthly and weekly looking awful as expected
Kommentera:
well we nailed it just took a little longer, it's going real low
Trade stängt: målet nått
Kommentera:
Well look where she bounces. We'll see what's what after 11k and alt season. K Noobs.