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After looking at the chart and trying to make sense of everything that is happening currently within the market - #Wheresthebulls - I wanted to share some thoughts with you guys.
I have color coded it for an easier expression of what my thoughts are, and hopefully so you can follow along.
The Yellow line indicates a possible new trend line - I ...
BTC - Seems to be returning back to it's average Growth Value - This is nothing to worry about and BTC is not DEAD (Not yet anyway). I personally don't have much interest in BTC myself as a use value - However it is used to trade with ALT coins.
I presume that this 6 month bear market we have been in is literally just to bring it back to its average growth value ...
Doing this as reference to look back at by the end of next month - Follow at your own discretion
I see a "Balancing" in stages between each dips high and each rising high - They almost perfectly match up symetrically candle for candle - Which for me, shows that next month will see some returns on this, if the corresponding pattern continues.
On the Truss - I ...
So a pointed cup formed on AE from launch...
It is not a perfectly rounded C+H so be aware - However I do believe this coin has the market to grow
This is just an analysis for me to be able to reflect on againn in around a months time - If you follow then follow at your own pace and risk
Set a few targets for myself this time - Just to see how it plays out...
Follow at your own risk - This is ST - LT
All points may be out, as I work by a rough guide for myself
So - Looking at Lend there is a cup forming - I think if we can continue this and hit .00001000 - Then that will test the play for a new trend and price average - If it breaks this then we can definitely begin to see a bull run with this.
So I calculated the drop from January 1st to April 1st to provide a percentage.
I then looked at the previous rise/falls inbetween that period and calculated the percentages from that.
Remarkably - I have detected a $400 rise pattern (Thereabouts) between the substantial rises, before a drop.
Although the percentage in rises are different and often higher, When ...
Okay, So - We are definitely in the crucial stage of the bear market now.
We have touched the average price trend line that was previously set between may and July last year.
If we can continue to hold this we will see the beginning of a new average price trend of around $600 around may/june this year.
This means - Once we are out of this Crucial triangle it will ...
So far - It is playing out as I thought, Which is good news!
We are nearly out the Bear run.
Don't worry for FOMO or FUD - We have been here before.
Following feedback from viewers - I have amended my previous idea for a more accurate current representation with long term investment idea's
I think the Bear market is nearly over (A few more days) but then we should start to see growth again.
This is based on previous events we have seen and working off the percentile growth working out the ...
Okay, This is just averaging out, Nothing to worry about and a REALLY good time to buy - Once the bears have had their Salmon - The Bears will turn into Bulls - Hold on, buckle up and keep in there
The previous ATH was just that - Hyped up express train - Once it averages back out, It may stay floating for a month untill it attempts to break the ATH again