@TheCryptomist My wife struggles with some serious anxiety attacks, that stuff is no little joke! All the best. Not always easy to hardshell negative comments, but generally such comments only come from individuals not worth your time. Focus on the good and keep being yourself, 🙏
@wmd4x Markets tend to gravitate upwards (zoom out),thus this is a correction. Not saying that supportline won't hold, merely pointing out those 5 bounces has all been good RR trades, iv longed again at that range and if stopped out the gains has been significantly more.
Encouraging is the signs on the 4h is the bullish divergences on RSI, while the MACD is turning over positive. If we can break up from the blue channel it will give alts some moving space, while breaking down from the green channel we are likely to retest/set yearly lows.
Interesting to see the green accumulation channel from August, is acting as support currently and also acted as support in June. While the blue ranging channel from August is now acting as resistance. Up we might see $6900, while down $5400 still very likely.
$BTC $crypto $ALTS
Found some hopium after that capitulation. Comparing it to 2014/15 bear season. We might however need visit $5300 to spring up
$btc #bitcoin $eth $ltc
#BTCUSD chart https://t.co/1lbuTchVEF via https://t.co/MKTCZl7yc0
@ValCoins Yeah, we just passed the phase of the volume drop, saw a slight increase of late, but expect it to increase on the next leg down, id say we around Nov/Dec 2014
@joezabb Yeah and what is more fustrating is that less than 10% of the farms reforms with compensation is now productive. With vast majority still in state ownership. Resulting in a huge loss of production and employment.