Every time someone read the chart and says that the bear is coming out the reverse happens.... :(
hyipster
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LOL I hope that you didn't short xd New ATH coming soon.
TalesFortes
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i was think that too... but with another analysis... But now with those news and highs, i see more 3 possibilities 16k, 12,8k and 8k
mail2khalsa
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Which platform is best for buying/selling with with Fiat currency and secure enough? I had registered for poloniex but it's for crypto-crypto (interface looks complex too). I would prefer simple yet secure platform. Please suggest.
Also what target would you recommend for BTC, BCH, ETH, XRP 6months down the line?
Thanks
jon_matranga
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@mail2khalsa, as for the exchange, coinbase kraken and gemini have great fiat to crypto exchanges with kraken having the most options for buying alt coins. as for the technical analysis, this is something you will have to learn yourself and make your own calls.
I sure hope so. This grew too much too fast. But,I noticed an inconsistency with the last wave and am curious... after point (D) at 9450 there was a big bull run. What makes you think it will have a drop to to the 6k range, seeing that after point (4) at 5550 there was a massive run up on the last wave.
UnknownUnicorn1065329
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@jon_matranga, I think we past the highest point on the third green wave. And just because this massive bull run after point 4, I think we have to go lower then that. This was the THIRD GREEN WAVE! In fib levels this means THICK RED LINE is immanent. But it could be that we haven't reached the top of the green wave jet but something tells me that 10K+ has been the crest !
jon_matranga
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@Bleek, makes since to me. I agree, however with the amount of new money pouring in who knows right? I think your analysis is sound under normal conditions but with the craze that has just begun who knows. I know I dont feel good about buying this high, and my order is set to 6350. Just waiting at this point. We never got oversold on even the 1 hr. we skimmed right off 30 RSI. common sense says a flush is certainly due, and these whales in this space will make their moves eventually.
UnknownUnicorn1065329
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@jon_matranga, "New money" = "normal conditions". In my opinion it's about % and that stays the same. The thing that confuses me are those splits in forks and the big miners blocking down trends. Can we expect more of those?