divij23111995

divij23111995

its a scary thing to call a bottom in such a market, but looking at neo, the ABC started on 8th january looks to be about complete, the 100 dma and 50 dma have never been this close to the downtrend , and the recent volume spike hasnt been able to close a weekly below 16.7 not trading advice, but watch 16.64, downside break we may be able to short to 14, but if...

divij23111995

from this point bitcoin can either make a lambo candle, closing above 7800 will start a run up, or it will form another bart, falling till 75xx

divij23111995

while the rest of the market has been tanking, ether is the only one showing strength, holding on to 700 tightly, meaning while most popular alts have corrected 25 or more per cent from their average tops, ether has corrected around 15-16%. Every dip has been bought with decent volume, and as a result of this when bitcoin bottoms (expected to happen at 72xx usd)...

divij23111995

looks like bitshares has bottomed out on this cycle, trade with caution however, as if bitcoin dumps to a lower level, it may drag the rest of the market with it. on this cycle it is reasonable to expect bitshares to test its old high at 1 dollar and possibly top out at 3 dollars.