arpon11
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July 18, 2019, 10:08:26 AM |
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Very nice analysis and chart but it is very hard to believe that altcoins market will pick up as it has been happening this time around. Many interests are coming into cryptocurrency and that interest is strong indications that most of the coins we have in the market may not recover and that affect the "altcoins season" we are expecting. Bitcoin dominant keep increase day in day out and funds that flow into it do come from the altcoins market especially selling with the belief that some of the coins have been abandon by founders and in future there may die!
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carriagehoodlum
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July 18, 2019, 01:06:04 PM |
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it's true because from yesterday all the traders and investors just wanted to get a big profit in the market situation that began to improve, so now it can also be said the altcoin museum if I think the problem is altcoin has started pumping up value again
currently there is no friend pump, only small market movements, and this is still normal, when bitcoin becomes cheap and the altcoin trade will grow again. when the altcoin goes down again, you will see how the bitcoin pump takes over the trade again.
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enhu
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July 18, 2019, 01:12:36 PM |
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If its not going to break the support, it could trace up again but there seem to have a high probability that its going to seesaw in this price range for a long time or it could dive to $7500. I'm not an expert but you see my point that having a low price right now will give more people rushing to buy and this should be what shall happen if whales are really going to manipulate.
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SuperTA (OP)
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July 18, 2019, 01:38:43 PM |
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it's true because from yesterday all the traders and investors just wanted to get a big profit in the market situation that began to improve, so now it can also be said the altcoin museum if I think the problem is altcoin has started pumping up value again
currently there is no friend pump, only small market movements, and this is still normal, when bitcoin becomes cheap and the altcoin trade will grow again. when the altcoin goes down again, you will see how the bitcoin pump takes over the trade again. chainlink 20% profit, ltc 17% profit and i even gave some breakouts signals here on bitcointalk, but you don't want to take any advice.
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coinswebid
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July 18, 2019, 02:08:38 PM |
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Not as hopeful, i believe in the logic, its always possible to build something from the historical charts.
the chart was use pure technical analysis on market capitalizations on cryptocurrency with trend line to catch the price is very nice, this is a part of price actions strategy personally i believe if a pullback will coming in the near time on marketcap of altcoin ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Bezobraznike
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July 18, 2019, 02:28:53 PM |
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Everything I need to know is that alt-coin season will start, when will it happen isn`t so important for me. It`s naturally for us holders to hope that season will come soon, but this is how we build and learn to be patient, which is one of the most important skills to have when investing in crypto-currencies. Charts can be interpreted in many ways, it`s all about perspective. I`m looking for positive signs in developers and communities, from there I get better picture about market than from charts.
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sana54210
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July 21, 2019, 04:33:45 PM |
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Maybe I'm not good at analyzing it, but from the chart you gave it now the altcoin has fallen and after that it's time to wait for the altcoin season to arrive soon.
thats the hope from all people who hodl altcoins in their bag, including me ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) a technical analysis is very important to know when we must buy or sell, and the chart in the 1st post, made me very confident with altcoin now it's not even 100% correct and i have a different opinion about that, let's take a look at the main problem that created the dump for bitcoin and it's more to the fundamental attack. That plays even more than the technical chart. sometimes technical is important but it's not so important as fundamental analysis. For a long term investment and some altcoins projects, I don’t think technical analysis is that accurate, and even for bitcoin prediction, I would rather prefer to work with fundamental analysis than to work with technical, Looks at the news that bitcoin reacted to of recent, the tweet that Donald trump tweeted about bitcoin which appears to be negative and ended up causing bitcoin to dump. Technical analysis never saw that coming, but people that follows fundamental analysis saw this coming and already played a very smart game by pulling out part of their funds, but now that the whole matter is dyeing down now, and bitcoin picking up, they have already bought cheaper, that is why I believe that those that uses more of fundamental analysis acts faster and accurately more than people that relies on T.A.
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disconnectme
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July 21, 2019, 07:46:46 PM |
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I think I have seen something like this on twitter but it seems most of the people have been waiting for long and know action, for me I don't think most of these Altcoins will rally again but we will likely see one or two pump just like Chainlink recent pump, reason been that people are not comfortable holding these tokens again
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Milamol
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July 22, 2019, 07:26:14 PM |
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This is a global characteristic of the crypto market. For research of this indicator it is more correct to use the fundamental analysis, but not technical. My FA: Most crypto projects are still not profitable. Many projects are fraudulent and will soon disappear, taking money from the young industry. Therefore, in the near future, the growth of the market share of altcoins is possible only due to the speculative component. During hype. When BTC rewrites ATH.
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o48o
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July 22, 2019, 07:57:38 PM |
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Everything I need to know is that alt-coin season will start, when will it happen isn`t so important for me. It`s naturally for us holders to hope that season will come soon, but this is how we build and learn to be patient, which is one of the most important skills to have when investing in crypto-currencies. Charts can be interpreted in many ways, it`s all about perspective. I`m looking for positive signs in developers and communities, from there I get better picture about market than from charts.
Altcoin season is pretty broad spectrum. There is a possibility that some of the altcoins rise in usd but not in bitcoin if the bitcoin rises high enough.
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freedomgo
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July 24, 2019, 11:56:09 AM |
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When can see that chart?
I have a little doubt now about altcoin season, it could not happen this year if bitcoin is playing the sideways game. Everytime there's a good news it could only take the price up temporarily because bad news happens as well.
Just like the Libra thing, people already into the bullish trend, but the regulation concerns comes out and also the statement of Trump about bitcoin which is negative, so it brings the price to this level again.
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Pamadar
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July 24, 2019, 12:03:43 PM |
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Not as hopeful, i believe in the logic, its always possible to build something from the historical charts.
the chart was use pure technical analysis on market capitalizations on cryptocurrency with trend line to catch the price is very nice, this is a part of price actions strategy personally i believe if a pullback will coming in the near time on marketcap of altcoin ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) It can be a good basis to start buying those coins that you fully supporting since there's real possibilities that the market will bounced back, it's just hard to assume if which coins will be going to pumped first, traders with a good experienced can speculate and take the risk of buying more of those cheap coins around the market they are willingly take the hold and wait for another alts party to show up.
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ikicha
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July 24, 2019, 01:19:07 PM |
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All of my altcoin decrease again because of this bitcoin movement, tired waiting this altcoin season. But sometime went i already sell, the party started right now still hoping for my shitcoin & altcoin to backup again.
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fullhdpixel
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July 26, 2019, 07:48:50 AM |
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All of my altcoin decrease again because of this bitcoin movement, tired waiting this altcoin season. But sometime went i already sell, the party started right now still hoping for my shitcoin & altcoin to backup again.
Provided you are sure that the altcoins you made investment in are not dead already, keep waiting, the waiting will be worth it, this is just like 2 years that all coins went into the bear market, only bitcoin has recovered, while altcoins are yet to and they are still on the verge of making their own uptrend too. Remember that there was once a time too that some investors of bitcoin got so fed up with bitcoin when it was released, and years keep counting without any improvement, some even threw their paper wallet away, while some lost their password out of nonchalant attitude, it was just a day that the whole thing turned around and bitcoin started increasing, you can imagine how those who waited benefited, I am sure that one of these days, stories of altcoins will change too.
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Ken_terrance
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July 28, 2019, 04:33:41 AM |
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I'm waiting patiently for this market movement to take place but no one knows when its gonna be,for now bitcoin is stable at 9-10k but for how long actually?
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cosmofly
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July 28, 2019, 05:27:18 AM |
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I think now is a good time to buy and hold it for 5 months. Because I believe that in January of 2020, the coins will grow strongly. But I was still quite puzzled because the last few days, the market was red and there was no sign of recovery. we should only divide the capital to buy each time period. we call DCA, I believe prices are still down this week, so we should not all in now.
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ethereumhunter
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July 28, 2019, 01:18:26 PM |
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I'm waiting patiently for this market movement to take place but no one knows when its gonna be,for now bitcoin is stable at 9-10k but for how long actually?
Waiting is only the thing that we can do right now. The altcoin is not increased higher because bitcoin is down and it's happening over and over. We need to be the more patient and only hope that this will be over soon. We don't know what will happen with bitcoin in the next hour although we read so many predictions that bitcoin will be increased or decrease after this, still, it is difficult to know the right situations in next minutes.
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o48o
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July 28, 2019, 02:44:01 PM |
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I think now is a good time to buy and hold it for 5 months. Because I believe that in January of 2020, the coins will grow strongly. But I was still quite puzzled because the last few days, the market was red and there was no sign of recovery. we should only divide the capital to buy each time period. we call DCA, I believe prices are still down this week, so we should not all in now.
You have to remember that prices have nothing to do with this chart, and according to it we still have some time. Btc might as well drop once again and alts with it before we go up.
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Oceat
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July 28, 2019, 04:34:20 PM |
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I think now is a good time to buy and hold it for 5 months. Because I believe that in January of 2020, the coins will grow strongly. But I was still quite puzzled because the last few days, the market was red and there was no sign of recovery. we should only divide the capital to buy each time period. we call DCA, I believe prices are still down this week, so we should not all in now.
You have to remember that prices have nothing to do with this chart, and according to it we still have some time. Btc might as well drop once again and alts with it before we go up. I already expected that since Bitcoin has made sudden changes this past few weeks after dropping to $9kish. I believe it is time to buy and accumulate more Bitcoin if you have extra fiat in you so that when the time of bullish starts you will just have to sell some of it while waiting for another dip to buyback again. Charts like this are just giving a hint of what could possibly happen in the future but it is not really that accurate at all, so we should still do our own way of making a prediction.
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idekai
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July 28, 2019, 06:48:20 PM |
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Woah only by seeing the picture you had, i see where it's going. But is it really how it works? The chart seems trustworthy though
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