It seems as we have reached support which is indicated by purple trend line. It has been firm for a while and as recent bounce off that line has shown, it is quite strong. This is also supported by STOCH RSI, MACD, MOVING AVERAGE. We also have MMAR showing possible squeeze upwards incoming closer towards October.
In summary, we can either break this trend line which would move sentiment into an even more bearish one nevertheless every single indicator we use supports our theory of parabolic bull run before 2019. Keep in mind that flash dumps with recovery do not mean that support or trend line has been broken.
Enjoy this one guys, these prices on Bitcoin, Alts will never be this low ever again!
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Last BTC Chart Below
In summary, we can either break this trend line which would move sentiment into an even more bearish one nevertheless every single indicator we use supports our theory of parabolic bull run before 2019. Keep in mind that flash dumps with recovery do not mean that support or trend line has been broken.
Enjoy this one guys, these prices on Bitcoin, Alts will never be this low ever again!
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Last BTC Chart Below
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This is time to buy up alts
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We have very similar movement to what we had before last year's bull run
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Short term, Medium term, Long term investors should look into getting some BTC, XRP, XLM, ETC and few other coins
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This looks identical to 2017
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Every like gives us more support and motivation to keep providing great free TA's for you guys. If you have moment.
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Trend line support is at 6179
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5,000 Flash dump is worst case scenario currently
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NEW BITCOIN CHART PUBLISHED
