DESPAIR :-(
Actualizado
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Nota
to add weight to this theory we need a red weekly and a red monthlyNota
NOT TRADING ADVICENota
Second part of theory is that alts are lagging do Q3 2019 is alt season in this modelNota
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would need1.weekly close around 10.7
2. monthly close around 8.3
to add weight to the theory that bitcoin is adhering to typical bubble cycle
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on the weekly we got a green candle after the spinning top, there was a precedent set circa august 2017, the weekly dip might come later in the monthNota
if this a green month we need to rethink the hypothesis, target at present EOM is 8k; but this is a high risk zone for shorts and longsNota
things seem to be playing out if so next week should be pretty good for altsNota
eom target 8.7kNota
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btc has prolly dropped to hard for most altsNota
some alts look ok but i think we can forget a pan market alt season, currently looking at xvg,zrx,etc,lsk and a few others also checkout AmjadsidNota
8.7k target eomNota
monthly didn't close as low as we wanted but little has changedNota
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all going to plan just a bit slower than expectedNota
Monthly and weekly looking awful as expectedNota
well we nailed it just took a little longer, it's going real lowOperación cerrada: objetivo alcanzado
Nota
Well look where she bounces. We'll see what's what after 11k and alt season. K Noobs.
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