The Market is Green!
Does this look like a bear market? No!
Is this a short term look on the market? Yes!
Remember you need to zoom out when in doubt!
This could be a great new year!
Are you ready for 2019?
I Am. Its only days away but I am excited for the new year a start! Lets get this thing moving!!!
This is not trading advice, Always trade at your own risk. Never trade on emotion, never trade more then you are willing to loose completely. Take responsibility for your own actions. All trades made by your self are at your own will and under no coercion of any other parties. All information provided are for entertainment and should not be considered financial advice.
I know its too early for this but volume profile and RSI fits this narrative.
This is just a guide for future reference.
A probable inverse head and shoulders on the daily Time Frame.
We are going 4500 the 3800 to breach 5k all the way to 5500.
Altcoin Market Cap and Total Market Cap is showing similar bottom formation.
Altcoin market cap just broke out of a year long falling wedge formation as a result of the recent 8 days rally.
What you guys think?
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cheers.