This is an analysis of the alt coinmarket excluding Bitcoin.
I use time cycles which not only predict the price but also predict the time and this is where my analysis is different it iincludes time action as well.
Scenario 1
The alts start dropping without making a new high or closing above it.
In this scenario there is an expected correction of 30% to all all coins from today's prices. This Should occur around end of November the time cycles I have drawn. Fresh price highs will happen after this happens for a new cycle. I'm expecting that will happen around January the peaks where alt coin holders can exit.
Scenario 2
There is a fresh new high in the next one to two weeks. In this case the market will continue going higher and will correct to a price higher than today's price. Even in the scenario they will be an exit option around mid January .
I'm leaning towards scenario one more than scenario two
I use time cycles which not only predict the price but also predict the time and this is where my analysis is different it iincludes time action as well.
Scenario 1
The alts start dropping without making a new high or closing above it.
In this scenario there is an expected correction of 30% to all all coins from today's prices. This Should occur around end of November the time cycles I have drawn. Fresh price highs will happen after this happens for a new cycle. I'm expecting that will happen around January the peaks where alt coin holders can exit.
Scenario 2
There is a fresh new high in the next one to two weeks. In this case the market will continue going higher and will correct to a price higher than today's price. Even in the scenario they will be an exit option around mid January .
I'm leaning towards scenario one more than scenario two
Hi Please ask access to my invite only script . Use the link below cryptanteg.gumroad.com/l/tdmmdu
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Hi Please ask access to my invite only script . Use the link below cryptanteg.gumroad.com/l/tdmmdu
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.