Long term thoughts on a good privacy coin ZEC, great network update coming today (10/28) and it looks to be accumulating right now. Now saying a 7x will happen here but it has happened before, felt it was notable. The mining hashrate on ZEC also has gone parabolic.
Unique chart here on XMR / BTC, unlike most alts. Bullish long term for fundamental reasons on Monero, but it looks like it will accumulate for a little bit and likely breakout, this has been typical of XMR in the past.
“Deep into that darkness peering, long I stood there, wondering, fearing, doubting, dreaming dreams no mortal ever dared to dream before.”
Blue lines are levels that bids are set to rebuy some RVN here. Bullish on this one long term and it has seen some great new momentum recently, run is not finished in my opinion.
Thinking that we will see some wild volatility soon. Volatility has reached close to an all time low. Thinking it could shoot us to around 10k which could potentially be the final bull trap before the 3k-5k bottom, right here I have BTC dipping to 4k. Just some thoughts, testing support so many times gives me a bearish outlook, but we may see some momentum soon...
Either ICX is going to enter some intense accumulation for a couple months here or we will see a breakout from this triangle. Only time will tell. If BTC breaks down to the bearish 3k-5k scenario I would expect ICX to break down from this triangle.
BAT / BTC chart here. Coinbase rumors of listings soon, leaks, etc has the chart excited. Pumped hard the last week, and now is slowing momentum with BTC showing signs of weakness currently. The pink line is where I think it may currently retest, pop back up, and potentially breakout with the help of a Coinbase addition. Red lines here are resistance and blue...