Melon Higher High: Melon (MLNBTC) hit bottom on late August and had a very strong bounce, moving up over 280% in a matter of days.
After this first wave, Melon consolidated for a long time, over 50 days and now is moving again and just created a higher high (with over 310%+ profits generated from bottom).
The altcoins market continues to heat up
The signals are in, Melon is just another example. When we are in bear mode, each time a new low is hit the bounce would only last a few days to weeks max, a few months if it is a strong corrective wave up.
Now, all the altcoins that started to move up are creating higher highs and higher lows over long periods of time. We are now talking about slow steady growth for almost 3 months for many altcoins. Some are not having such "slow" growth and instead are growing 300% in a matter of days.
I know that it is early for many to come out and say. But the bottom was hit a while back, it is time to wake up and trade.
P.S. Just as we saw the Melon example above, we have hundreds of similar charts coming from many other coins.
It won't take much longer until Bitcoin's next move... volume has come to a halt.
(100%+ in 2 days)
(90%+ in 1 day)
All before the end of the week. To start next week bull fresh.
The altcoins market continues to hit it...
We've gone down. Next step is up.
This is easy money trading altcoins.
We buy low, near bottom, and later sell high.
Very, very easy.
You can check my analysis and updates, plus trades, to check some proofs. (Melon is just one example) More and more altcoins keep on heating up.
Read my post above.
Here is the some proof:
Not trade; get scared because 1 coin drop and not make money?
Trade; profit trading many opportunities and make easy money trading crypto?
Which one will it be?
We are going for the trading and profits, it is just too easy.
Also, we get to buy low at the bottom and sell high at the top.
We have been doing down for 8 months, we hit a low point, break downtrend, increase volume and grow by 500%... Regardless if you like it or not, that is enough profit for us.