This is the plan … ‘they’ say it’s going to .01. It’s happened to many coins, at the start they are dirt cheap and no one wants them. Buy a crap ton and leave it for 4-5 years and then you probably have it made in a big big way. And if it doesn’t work? Keep your bitty and your other top market cap crypto too.
Markets will always keep us guessing. With the excitement of consensus conference and optimism from the nice bull run out of 6.5k, there is still momentum to get back on the track to the 9000s.
IF 10k holds over next few hours, we may have a decent looking bull flag on 1h. IF that comes to pass and breaks upwards we'll be hitting 10800ish fairly quickly. By then it should be back above 1h TF Ichi cloud. It's some big IFs but that would be some serious moon fuel. Then look for the interesting test of the long term downtrend. Exciting times. Trade wisely...
This is awesome - look at the difference in stochastics compared to pricing action, that is some beautiful hidden bull divergence right there. Nice to see indications supporting bull momentum in these times, we need more up, up, up!
There is still fear and hesitation to believe the bear market is over. This is understandable given the depth of the selloff over the past 5-6 weeks. However, there are some good bullish indicators starting to show up to help give some much needed confidence back for those still sitting on the sidelines waiting for confirmation of the longer term market direction...
The rising wedge on decreasing volume is why I was short last night. I still see a bearish market for BTC overall, the buyers just haven't shown up yet.
Bittrex supported airdrop of IGNIS on December 28th. buy and hold for free IGNIS tokens at .5:1 NXT. You're welcome. Do your own research to confirm this.
NXT holders will receive free IGNIS tokens at a ratio of .5:1 NXT on December 28th. HOld for your free IGNIS. You also will receive .1 Bitswift from the snapshot.
This baby has flatlined, nothing to see here folks. ... move along, move along ... nothing to see here
Need to break the 4000 level to keep the bulls running. Second scenario is going back to 3700 resistance level. While long overall, 4000 is a psychological barrier, so may be a few small cycles before breaking through. www.tradingview.com
Testing support for 3900 will be a crucial turning point in the day, otherwise we're probably heading back down to test resistance at 3700. Overall still long either way.