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BTC and The Top 16 Altcoins vs. the SmartMoney Algo

10/10/2019 12:08


Don't be too excited about trend change yet. The midterm trend doesn't change without a long period of consolidation. You need to look at the moving averages on a daily chart.  There are resistances that need to break.

I repeat, in order for the trend to change from bearish to bullish tones for the rest of 2019, the price needs to consolidate, and then test and close above them on the daily.

If this happens over time, I will be fairly certain the price will trend up.


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