Hi there!
Time to prepare some of your savings into exchange wallets because another bloody entry is behind the doors. As of right now, bitcoin surged to 4650$ which was forecasted by many leading crypto traders. That caused altcoin prices to plumet and now we have an amazing opportunity to buy them with a huge discount.
Are we at the bottom?
According to analysis of the few listed coins, this could indeed be the bottom. There is some risk due to Bitcoin fork, but if you keep an eye on the charts you should be fine.. Be extremely cautius with your money management and start being rich this month!
IOTA
This one is my bet at the moment.. The plan is, buy half your position if the huge support line holds and second half when it brakes the downtrend (the red circle). Honestly, IOTA charts are super obvious right now and if you keep watch on those resistances its free money.
QTUM
I didnt quite make it on time to tell you about this one, but if its really the move i am expecting, you could still catch atleast 15% on the first bounce. To be safe wait if it brakes the ressistance.
STEEM
Steem unfotunately isnt looking good at all at the moment.. As you can see, expected "fake" breakout from the downtrend happend as it faced a very strong horizontal resistance. From there it just continued down and now, we can just wait. If you really beleive in steem, you should start acumulating between the downtrend ressistance and the last green support, but i will wait to see if it holds and then breaks the downtrend. In case the worst happens, sell everything on the last red line as we will see the price plumeting.
Im sure you all know this, but all the charts are just my personal speculation on the price and if you were to make a move based on my sugestions, excersise caution at all times.
Let me know about both your success and loss and,
Thanks for reading :-)