Counter argument. This could very well be a accumulation phase. This is very early but i see a strong argument that its the beginning of exactly that.
The line in my chart is the up-trendline i draw in November which has been tested a few times but never broken since then. I am watching this line since then. If the market can not recover and will start to close candles on the 4H chart under this line then Ethereum is realy in trouble and you should be ready to buy on the bottom after signs of life. I estimate...
So many expectations in this altcoin that could be placed nothing more or nothing less than in the fifth place in the Coinmarketcap ranking. After having three excellent pumps followed by a period of consolidation when days after having a recession of almost 100% of the last pump remaining flat but consolidating in the shadows, forgotten. This is the moment when...
Long acumulation zone. When volume kicks in there is a lot of upside potencial. Targets on a chart (red lines)
Buying and accumulating low on primecoin , This breakout pattern and increase in VOL indicates it has bullish players and could potentially be undervalued. I plan to sell when this coins starts to breakout . I will secure 50% of profits after the first parabolic pump Then hold the remainder longterm.
Forming a new down leg to trap greed shorts. Target is Middle channel, but a climatic action at the top bottom of the down channel should be bought as it is a Demand Area