Analysis based upon the previous two bull runs. Enormous upside if follows historic trends.
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Bull market continuous to follow trend lines based upon previous bull markets. Are we now entering a multi month wave 2 bear market, or will the support line hold?
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Prediction still holding after 2 months. Altcoin market broke lower channel. If repeat of 2017 cycle, can expect to end up somewhere in the middle of the lower bound / another 23% drop from where we are today to complete wave 2. Wave 3 should take us to new highs. NOTE: Believe where we are now is analogous to July 2016th (ref arrow on chart).
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Still holding firm since March. Should expect third wave to come in the not so distant future with tremendous upside to the altcoin market.
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Broken out of lower band. Massive bull run expected within the next few weeks.
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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.