NEXT 3 MONTHS SUPPOSE TO BE DISTRIBUTING THE REST OF THE TOKENS, THIS WILL DILUTE THE COINS IN WHICH WILL DROP THE PRICE, I DONT SEE THE DEMAND FOR THE TOKEN COMING IN THAT FAST FOR OVER 100 BILLION COINS COMING INTO CIRCULATION, ISNT GONNA HAPPEN, AFTER THE DROPS ARE FINISHED THERE WILL BE NO MORE ADDED COINS AVAILABLE TO PUT INTO CIRCULATION. WITH THAT SAID, THE...
INVERTED HEAD AND SHOULDERS, LOOKS BULLISH TO ME, CARDANO ALREADY HAS AMAZING FUNDAMENTALS AND HAS COME DOWN OFF THE 2017 BULL MARKET ENOUGH TO WHERE ITS ALMOST AT ICO PRICE TAKE ADVANTAGE OF THIS OPPORTUNITY WHILE YOU CAN!
CONSOLIDATING IN THE TRIANGLE, LOOKS TECHNICALLY AND FUNDAMENTALLY BULLISH ON DAILY, WEEKLY CHARTS, LONG TERM, I SEE THIS YEAR STARTING THE SLOW MOVE UPWARDS
ITS TIME FOR ALL TO CRASH, JUST LOOK AT THE TECHNICALS, THE FUNDAMENTALS ARE JUST AS CRAP, PUT YOUR MONEY INTO BITCOIN AND ALTCOINS, THEY'RE ALREADY AT A BOTTOM! GET YOUR TICKETS FOR THE MOON, SEE YOU THERE!
montly RSI looks to be at a bottom, sorry didnt feel like adjusting the settings. but there it is. Great buying opportunity to start buying bitcoin
moved my bottom trend line to the lowest most recent wicks of candles in the past and extended it out, surprisingly extends all the way to where bitcoin recently closely touched, i believe this could be bottom and could start climbing very slowly for a couple of months or so BEFORE seeing a significant move in the thousands upwards. PART 2 SHOWS RSI
I dont believe we are in a bear market, zooming out at the long term trend we are still in a bull market, are we to call every dip or consolidation a bear market.. NO! I believe its a continuation of a bull market, we haven't seen a bear market in bitcoin yet, this is what I see in the long term chart, looking at the daily, weekly and monthly charts long term