Could an alt season be approaching? I'M LONG! (w tight 6% stop)

Jan 17, 2019

Just a few completely speculative ideas that could lead you to believe an alt season is approaching - with TRX potentially leading the march.

I have a sneaking suspicion BTC is soon leaving 4k forever, even though I'd personally love a year or longer accumulation phase between 3k-6k.

Keep your eyes peeled on Jan 18th.

Theory:
Total crypto-cap is going to pop upwards - along with: BTC, Alt marketcap and individual strong alts (most binance ones: ZIL, NANO, WAVES, AION, XVG, etc.) popping too.
Will be interesting to see how they all run against each other this time around, if another true bull market is in fact brewing (or perhaps already begun).
I think alts will outpace BTC in % gainage.

- parabullic

Jan 19, 2019

Trade active

Update:

Jan 19, 2019

Note

Text from the Update right above:

What if this is BTC breakout?... (Still Long)

...what if?

The pink line is ATH/Nov-sub-6k-drop resistance. In other words, our greatest known resistance tested since ATH .

This is our 2nd time attacking it, in the past 2 weeks. Looking more breakout-ish imo this time around, but only time will tell. (and then I sell! :D)

Indicators look good.

Currently breaking upward out of a downward channel , that is hugging the pink line, on the hourly.

Heh, while it got nerve-racking for a second there today/yesterday, my $3595 20x long is still open.

Smaller time frame: we need to bust 3640 with conviction and volume , for me to start getting more optimistic. possible that we are just retesting the 3624-3635ish range from past day or two, and will be rejected, still.

Mid time frame: 3850-4300

Longer time frame: 5k-6k pullback finally inc?

- parabullic

#theecoinomy

Jan 19, 2019

Trade closed: target reached

Sold for 100% gain (20x) at 3775.

Looking for re-entry.

#theecoinomy