Houston, we have a bottom. $ALEO
Ladies and gentlemen, you might think this is reckless at a first glance of the daily chart, but take a glance at the 5 minute 10 minute and 30 minute charts etc... After an anticipated drop to $.91, concurrent with the 
BTCUSD sell off and rally just now, I believe ALEO has found a bottom and will reverse direction perhaps permanently. I am now in this position at $.91 precisely and holding for at least a dollar, but will probably continue to hold for $1.32, potential time horizon of two weeks, with I believe a very high likelihood of one week (or less, as a reversal after such a long down trend could attract a lot of attention)… I think this has potential to go much much higher, but this is a conservative selling point where it will likely see a slowdown anyway… Longer holding period to be determined upon approach.
BTCUSD sell off and rally just now, I believe ALEO has found a bottom and will reverse direction perhaps permanently. I am now in this position at $.91 precisely and holding for at least a dollar, but will probably continue to hold for $1.32, potential time horizon of two weeks, with I believe a very high likelihood of one week (or less, as a reversal after such a long down trend could attract a lot of attention)… I think this has potential to go much much higher, but this is a conservative selling point where it will likely see a slowdown anyway… Longer holding period to be determined upon approach.Order cancelled
Oh I wish I had seen this a few hours ago... Bitcoin had such a strong rally after a scary selloff this morning and I thought it might actually turn around for a day or two… But I think bitcoin is really gonna tank now… I think it's gonna get sucked down a black hole… So I would not enter into this position yet and if you are in it, I would sell it… It will present a much better opportunity to buy back in a few days… But you don't wanna know how low I think it's gonna go now… Just don't get in yet and if you are in, get out...
Focus this might drop to $.50… I'll make a video about it, but if I had seen that steep drop after the rally followed by that flat little shelf… That would've been a dead giveaway… That pounding away at the ground without any recovery of the drop… But I didn't see it… I would've said to get out then, and if you ever see anything like that, get out of anything that you're in… A sharp drop by itself is not intrinsically Bearish, what matters is how quickly and how much of it is recovered...
Note
Folks****.... not foucs^
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.