A whole day on the side with a small downtrend in btc and a small uptrend for alts, which probably for most readers is a good day.
Electro from whalepool posted two charts, one for a bullish trend and one for a bearish trend.
If you are interested in electro's charts, click the following link: https://www.tradingview.com/u/electo/. His charts are usually very informative but leave a lot of room for speculation.
His most bearish theory was slightly mentioned yesterday, it predicts a rise to 9.1k usd followed by a slow dump till 4.8k usd.
The bullish chart is a 3 day candle chart that zooms a bit out (in times like this, zooming out is comforting) and predicts a rise after hitting 8.8k usd
Out of the 10+ signal groups i am following only two delivered today. To be expected because no one wants to be wrong, and right now a prediction is a gamble. As some jokingly say, investing in crypto is gambling, so lets look at the signals that dare to enter a high risk profile and gamble.
#1 Reverse H&S still in the works, should soon jump up.
#2 Downtrend continues unless we hold the sideways action or go up, be careful and dont untether.
Taking electro's chart and the signal from #1 into consideration I expect a uptrend from here till 9.2k usd. My action will be to grab some alts that dipped and ride the satoshi/vitaliks valuation up for 10-20% gain. A bunch of signal groups for the long term mentioned ICX, if you can hold something for 3 months that might be a good hold. For march LTC is supposedly a good runner.
For the fast people, followers and the very few that survived to this point: Someone on 4chan announced a AMB pump in 30min. I wont join, but judge it yourself and pariticipate at your own risk. Thread: http://boards.4chan.org/biz/thread/7566670
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