This sample chart says alot.
as you can see, Altcoins experienced such bloody season since beginning of 2018 till now, market cap of Altcoins draws it clear, since this chart is the best index that describes the situation and make it easy to build a good overview.
Let me give you some facts that support my idea here:
- BTC lost 85% when dropped from 20k to the...
as we see, the chart says that BLZ is in a perfect place before it is journey to the moon.
and since it is one of the good Coin's investment choice, I assume it is the best place to buy some at this point.
Good luck everyone
:)
here is a chart of EOS, the chart shows that EOS is near of its short-term Downtrend, which makes a chance for the coin to fly as well as Xrp and BCC.
EOS main Bearish Market has ended breaking its main downtrend, after the breaking trend, it corrected till 78 Fib-level before its latest up movement.
now, it is near enough to the resistance of down trend, lets...
#Holo #hot is in an accumulation area, next Jump may reach those targets (700, 850)
uptrend will be there soon supporting the price and leading to break the short downtrend
let's see
as we see, BQX still in its bearish market, on the other hand it has reached 1.61 Fib which mean there is no more bears around and it will try to make it and breaking the downtrend soon.
for now, it is on accumulation stage, don't miss it
Neo has reached it's lowest level (1.618 Fib vl) which means the last wave (C) of elliott waves has ended causing ending the bearish market of Neo
Moreover, price has break the down trend and closed above it, which gives the opportunity for Neo to move up and starting a new bearish market.
Since 2011, uptrend started supporting BTC prices. Also, Elliott waves can be noticed clearly, the current cycle of BTC prices shows that the Bearish market is about to end soon when the price reach Monthly trend.
for clear sight, BTC has experienced 2 prices cycles, the first one ended at the end of 2013, which caused a bad crash of the prices going down from...
trying to break first level of FIB caused to build a continues form ( triangle) which will lead the price to fly to reach 10600 as soon as the prices break out the FIB 23.6 and the triangle,
but being kept inside the triangle for long time may be not good for bitcoin
Note: sorry for my bad English
:)
