And again, dear friends.
I am Gandalf The White & this is my opinion concerning the current crypto market situation – distinctly btc and ada.
BTC
Looks very bullish but still nothing certain. Bitcoin must not drop too much; then the second impulsive Elliott wave has probably started.
Btc buy options: 1. +115%; 2. -15%; 3. -5%; 4. +20%. Hold. 70/100%.
1btc=8.5k$ - increased by 500. On the cloud. Above 0.618.
Tradingview chart - XBT/USD, daily, Kraken - one month ago:
Click on any image for a bigger version of it
Three weeks ago:
Two weeks ago:
Last week:
Today:
Seven new candles, volume spiked even higher and cloud shrinks.
All in all, 2019 was dominated by the bulls - as we can see.
ADA
Looks also quite bullish.
Ada buy options: 1. -15%; 2. -40%; 3. -35%; 4. -5%. 80/100%.
1ada=0.04$ - small increase. On cloud. At 786.
Well well, as we all know, 2019 was not the most bullish year, but still, bulls were stronger than the bears. Maybe and hopefully, we are already in the third Elliott wave, the second impulsive wave. If that is the case, then 2020 will be very bullish. Otherwise the correction might not even be over. As always, we will see.
My dearest friends, trade safely! (;
Yours truly,
Gandalf The White
PS: Sorry for my bad Hungarian.
And I am not a qualified financial advisor or anything like that - everything here is just for educational/informational purpose; only my own opinion! Do your research.
#gtw #gtwca #gandalfthewhite
#cryptos #altcoins #cryptomarket
#trading #investing #hodl
#ada #cardano