So, it seems one of the bad years for the crypto world came to new edge. There are a lot of troubles was within this period. Beginning was very straight - price shows so strong arise power, that somebody begans to sold their houses, wives, stepmothers etc. Afther that we've seen the blowshock. Thunder falls wherether we wait for it or not. From the summer we've watching the WEX scamming processes - and now I think - we shall bury this exchange. Little wind of change we've listen from the MTGox civil rehabilitation processes beginning (?!?).
Today, I think, we are close to the new rally beginning. It seems for me that we're not look at the x3 or x5 from the current prices, but I think that x2 have it possibility for the short time.
On this way I see 2 turmoil poins - when we're go throug the ichimoku cloud - can we hold the price level over 70$? If yes - than and 100-120 for the short time could be possible. If we can hold this price (over 100$) I think we've can finish this descending wedge and begin to go up. For the long time.
Today, I think, we are close to the new rally beginning. It seems for me that we're not look at the x3 or x5 from the current prices, but I think that x2 have it possibility for the short time.
On this way I see 2 turmoil poins - when we're go throug the ichimoku cloud - can we hold the price level over 70$? If yes - than and 100-120 for the short time could be possible. If we can hold this price (over 100$) I think we've can finish this descending wedge and begin to go up. For the long time.
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Disclaimer
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.