To know where the altcoins will go, we need to follow bitcoin. Altcoins will do what Bitcoin will do.
Bitcoin is coiling for an EXPOSIVE move to the upside. Whenever we hit top, RSI on the monthly hits 96. We are currently around 91 RSI so we have a lot of time to the upside. Stoch RSI is also looking very similar to the 2013 chart. I believe if we follow the past, we will have a HUGE candle to the upside. But in the past, once we hit the 96 RSI, we dip very hard. We can dip 70% before going to the upside creating another HIGHER HIGH.
Trade with confidence and with indicators to mitigate risk. Even though I see a huge correction to the downside, this market is going to be MASSIVE. Be prepared for huge moves, but in the end, only people with no emotions will win this game. 90% will lose. Good luck!
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Be fearful when others are greedy and greedy when others are fearful." - Warren Buffet.
Bitcoin is coiling for an EXPOSIVE move to the upside. Whenever we hit top, RSI on the monthly hits 96. We are currently around 91 RSI so we have a lot of time to the upside. Stoch RSI is also looking very similar to the 2013 chart. I believe if we follow the past, we will have a HUGE candle to the upside. But in the past, once we hit the 96 RSI, we dip very hard. We can dip 70% before going to the upside creating another HIGHER HIGH.
Trade with confidence and with indicators to mitigate risk. Even though I see a huge correction to the downside, this market is going to be MASSIVE. Be prepared for huge moves, but in the end, only people with no emotions will win this game. 90% will lose. Good luck!
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Be fearful when others are greedy and greedy when others are fearful." - Warren Buffet.