I won't say much in this bit of text. It's all explained on the video why I think a bullish pump north is more probable than a bearish bust south. The markets are there to prove me wrong. But I have to evaluate what I see.
Whilst a whole load of people are preoccupied with Bitcoin and Ethereum, there is something of a rumble happening in other parts of the cryptosphere.
A whole load of so-called altcoins have taken off on daily time frames. I show only a small handful that I follow but on big exchanges many 'unknowns' are moving well up north in daily trends.
I speculate that...
Bitcoin is into a tight squeeze on the weekly time frame. It could go either way. Loads of traders are gearing up for what could be a major move. Some with crystal balls are making predictions and so on.
It could go north or it could go south. Anything can happen in the next week or two.
I'm busy watching microtrends (4h to 8h), as I certainly don't get...
BTG has been crashing continually through out the whole bear market, you can consider this as a "dead" coin. When it's dead it's usually the time to load up on this shitcoin. Looks like a smaller scale alt season is coming up, so I'm preparing myself to load up on some BTG.
Entry - @ 0.0055 ~ 0.006
Target - @ 0.012
Stop - 10%
I'm betting on this to be the bottom,...