Personal analysis for private use. Not intended for public. #1 50 EMA has been notoriously resistance on major alts in 4hr chart.
The chart indicator (MA 10 and 30) was used for my daily trade, I am a day trader, and it helps me to gain 2000% from 11 December 2017. It does not correlate or have anything to do with the chart. The best action is to withdraw your BTC into FIAT . I am not sure when the market will recover, I am looking at March 2018, probably faster. The panic has spread, the...
TA says it all.
#1 Tether under subpoena. FUD on the rising. Although Tether capital represent a mere under 0,5% percent of the entire industry. It contributed 48,8% of Bitcoin price mid 2017 bull. #2 continuing government intervention. Which calls for stability, but it also calls for bear during the transition. #3 200 MA & undervalued RSI (broken or reversal, and it will be very...
ETH, LTC and BTC's bubbles in 2013, and 2017. Both of them consisting of 2 mania phases, same thing happened to XRP. But, in 2013 XRP isnt a thing for the community. Will there be another bubble, soon perhaps? Ascending Broadening Wedges. Thanks to @elshanti for mentioning this.