hello people! no matter how good my analysis is, it is only as good as the information
that is available right now. I cannot know for certain what will happen
tomorrow. Analysis in regards to likely movement in the future is done with
the idea of "all else being equal." This means that I assume a coin will go
up based on a trend if things remain as they are right now.
While on some days, in fact many days, everything does remain equal, there
are always days, weeks, months that defy the odds. It is
during these times when predicting can be especially dangerous if I am
wrong in the prediction.
Predicting something will go up when prices are
falling can cripple any trader's finances, especially since we can't know
for sure how the market will react to further news or information that may
become available. When prices are falling even good news may not push
prices substantially higher, and when prices are rising even bad news won't
necessarily have a long-term negative effect on price.
With that said, every coin chart analysis I’ve shared with you went
through a
thorough analysis but because of the recent dump by Bitcoin those charts
will have undergone some change which will affect the outcome of each coin
either it will go up to what I anticipated over time or it will form a new
pattern.
Once BTC has stabilized we will all know for sure.