Very Interesting TA @thedolphin !!
Now I need to know...What happens with the 'death cross'? It sounds horrible!
Could I ask you to please take a look at XVG? Not sure how you feel about the coin generally, but it seems to be setting up nicely for another vertical rise very soon. Can you please give me your opinion?
Thanks!
RE: 📊 Bitcoin's Happy Easter Sale - BTFD time?
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📊 Bitcoin's Happy Easter Sale - BTFD time?
Hello, In my opinion the death cross despite its name, is bullish short term, and we see that today. The cross happened in a 3 month correction, and it comes just when the price turned up again. We'll soon see, even though I think this is the start of a larger degree 3. elliot wave up, this may still be a temporary up and I may certainly be wrong.
I think it is another story in a flat market where we go sideways for months, then it can signal beginning of a downtrend.
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In reality XVG and most other altcoins have been setting up for a vertical the past weeks, just waiting for Bitcoin to turn the market sentiment.
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