Here is another example why I believe the bear market is over for the Altcoins market.
Melon Higher High: Melon (MLNBTC) hit bottom on late August and had a very strong bounce, moving up over 280% in a matter of days.
After this first wave, Melon consolidated for a long time, over 50 days and now is moving again and just created a higher high (with over 310%+ profits generated from bottom).
The altcoins market continues to heat up
The signals are in, Melon is just another example. When we are in bear mode, each time a new low is hit the bounce would only last a few days to weeks max, a few months if it is a strong corrective wave up.
Now, all the altcoins that started to move up are creating higher highs and higher lows over long periods of time. We are now talking about slow steady growth for almost 3 months for many altcoins. Some are not having such "slow" growth and instead are growing 300% in a matter of days.
I know that it is early for many to come out and say. But the bottom was hit a while back, it is time to wake up and trade.
Namaste. P.S. Just as we saw the Melon example above, we have hundreds of similar charts coming from many other coins.
Commentaire
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Looks like BTC will be testing $6400 - $6450 before moving up.
Commentaire
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The bears has no strength. Hidden bullish divergence is already showing up on the 1h time frame for the MACD and RSI.
It won't take much longer until Bitcoin's next move... volume has come to a halt.
Commentaire
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This looks very bullish to me:
Commentaire
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More bullish altcoins examples:
(100%+ in 2 days)
(90%+ in 1 day)
All before the end of the week. To start next week bull fresh.
The altcoins market continues to hit it...
Namaste.
Commentaire
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As shared on the 27th October, "Looks like BTC will be testing $6400 - $6450 before moving up. ".
If you really believe that BTC is not going to hit new lows here near 2018 lows, then i suggest you to stay away from charts! Bear market is not over yet. I just cant watch your huge %%% expectations, wake up man, will not be the same as in 2017.
AlanSantana
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@EWNS, It is already happening. Altcoins and Bitcoin isn't the same. Altcoins are already generating 100% to 200% in a few weeks and some up to 500-600% in several months.
This is easy money trading altcoins.
We buy low, near bottom, and later sell high.
Very, very easy.
You can check my analysis and updates, plus trades, to check some proofs. (Melon is just one example) More and more altcoins keep on heating up.
Namaste.
EWNS
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@alanmasters, Yes, we have seen some rallies, but only corrective movements, just like happened in April 2018. I'm pretty sure that the bottom in the Crypto market is not going to form so slow, there will be sharp waves including high volatility. So, what i believe is that, when BTC will continue to the downside, all these ALTcoins will be quickly covered and returned back to the lows and all the people who went long on your calls will lost their money quickly. Seriously, this is not funny anymore.
AlanSantana
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@EWNS, Take a look ad DOGE, XRP, MDA, GVT, etc. Not corrective but new highs, challenging all time high and much more.
@EWNS, 1 Altcoin goes down, due to an exchange, while 100 goes up. Which one are you going for?
Not trade; get scared because 1 coin drop and not make money?
Trade; profit trading many opportunities and make easy money trading crypto?
Which one will it be?
We are going for the trading and profits, it is just too easy.
Also, we get to buy low at the bottom and sell high at the top.
Namaste.
EWNS
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@alanmasters, 1 coin drop? seriously?! All the Crypto market is in the bearish mode. You people just see one spike or rally and you are already calling the moon. You shared almost all the ALTcoin "analysis" and then you're hoping that some of them will rally that you can boast. Buy at the bottom and sell at the top is just one of your big mistakes in trading and maybe one day you will find out this by yourself. I'm not supporting you, im just warning all the people/traders/investors to be aware of.
AlanSantana
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@EWNS, Thanks a lot for the support. You do support me when you share this information, for us is very important and appreciated.
We have been doing down for 8 months, we hit a low point, break downtrend, increase volume and grow by 500%... Regardless if you like it or not, that is enough profit for us.