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HODL CHARTS . crypto winter over ? STEEM BITCOIN

Welcome to another edition of HODL CHARTS! This is your place to check in on your HODL and huddle up with fellow… by jacobts

Mar 20, 2018 · 4 min read
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HODL CHARTS . crypto winter over ? STEEM BITCOIN

Each week I put out some charts for us all to look at. I give some of my thoughts on the charts. But ultimately the best advice is the advice you give yourself. Nothing I say is advice, it is something to reflect on. Fundamentally there is not a whole lot in the news. The thing that caught my eye was some news on Peter Thiel's faith in Bitcoin. He's a Bilderberger and Silicon Valley Power player so to see such a personality so bullish on bitcoin is another positive sign. Overall I know things are bearish, but that is a good opportunity for anyone looking to invest. When prices are sky high again, people will be looking back and missing these low prices. And if one subscribes to the adage that price will eventually return towards All Time Highs, then one can see an average of 3X gains with some coins in 2018 alone. If one wants to "Buy Low. Sell High" right now prices are low.... So what are your reflections on the current market? Using the price marks in the chart, the macd, and the candle structure, where do you feel prices will be in 6 months to a year? BITCOIN $8,808 Looking at the weekly MacD, I still think we have some time before we truly see the market recover. Any bullish activity in the market a this time is minor compared to the movement we should see closer to the Tax deadline. Personally I'm expecting another dip between 6K and 4K before a major rally in 2018. ETHEREUM . ETH $552 usd .06433140 btc Not looking good. I can only guess that the ICO's are taking their tole on price. But it looks like we will continue a downtrend into support zones. LITECOIN . LTC $156 usd .0187166 btc What goes for most of the Altcoins, does not seem to be the case with Litecoin. It continues to hold it's levels. We could see a dip, but I expect to see it keep it's current range before Bull Season. NEO $67 usd .0080416 btc Another strong gainer early one, it is showing it's fatigue as well. This is healthy in the longterm for "China's Ethereum" CARDANO . ADA $0.17 usd .00002127 btc Seeing a pattern in the coins I pick? I have some interest in the coins that provide the ability to create tokens on them. Cardano is supposed to be the academics & Japanese ethereum. Price is not looking great and we could see a return to even lower prices. But this is a project with more to show than even EOS at this time. They have a wallet and active dev team. So we'll see where it all goes, but we likely won't see prices like this after another alts bull rally. EOS $5.47 usd .0006565 btc Cult following can't stop the market from being the market. This is after all a coin of faith and not the actual token so caution is suggested as June approaches. Be sure you have your coins on an exchange that will respect the change. DASH $391.60 usd .0465135 btc Is at the bottom of a range, but it has held the range for a long time. The bear season spares nobody and Dash will be caught in the undertow till things are on the rise again. STEEM $1.96 usd .00023368 btc STEEM ON. If you do not panic and HODL, you might be OG. SBD $2.01 USD .0002384 BTC Legal disclaimer: this is not financial or relationship advice. But I bring up this "imaginary" scenario to illustrate a point: No matter how desperate someone wants to cash out SBD right now, I do not recommend it! Friends or not, CryptoFam don't let CryptoFam sell the bottom. I would try to hold off til after Tax Season is over. I also hope you all take care of yourself & be safe. Never agree to move someone else's crypto or fiat unless you have responsibly discussed all the legal and tax implications. BTS $.14 usd .00001723 Bitshares is one of cryptos best kept secrets. Look at where price has been. It will return there someday. How I shall wish my bags were packed with bitshares then. What are your feelings on the market? Thank you for UpVotes & Prayers. Be well, stay healthy, and may you always be wealthy. i help curate the #family section on steemit.chat where we welcome stories of family during your #steemexperience. ▶️ DTube ▶️ IPFS


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