Hey there old friend! Good to see you're still alive and kicking! Bought any crypto yet? (It's a really good time...😉 )
Of course you would take issue at some of the things I've said, it's in your job description! I've missed having you around to keep me honest! As usual (and as per my job description), I will counter-argue my points:
You're quite right, the market has been oversold for a few months already. That pressure is so high that it's escaping in random outbursts. You can contain it, but not indefinitely! I time line is not definite, but it is limited.
I beg to differ on the leading indicator story. By measuring a change in price differences (i.e. price momentum) those indicators I mentioned can show a possible upswing before the price actually starts to move upwards. Momentum changes before price does!
When BTC turned positive:
The Stoch - first with an overbought indication, then a probable climb prediction:
As you can see that's well before BTC bottomed. Sure, nothing is certain, but used with other analysis techniques I find it quite reliable. And cough cough leading cough. Pardon my cough.
Yes the @investorsclub have been great. I've also been very fortunate to have been recruited by @timm as an Alpha tester/mentor for their platform which is under development. Beta testing opened today if you are interested.
You still doing your Steem gaming? I tried a little steemgar and enjoyed it. Perhaps I'll look further into Steem games when I have more time on my hands.
RE: Bursting at the seams