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Plikk

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Plikk last won the day on October 11

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About Plikk

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  1. You started with a pretty aggressive attitude towards my neutral observation. Never heard of spoofing or false exchange data/washing? It is so common in crypto those data points you refer to are often misleading. The ‘made up’ trendline has held support exactly where it should. Not saying it can’t reverse from here, but waving it away as non-sense and claiming exchange data is a better measure is plain wrong IMO. We’ll indeed leave it at this, we’re simply on a whole other page and an endless discussion between us is undesirable.
  2. They also told you to sell the bottom and flip full-blown bearish during a bullmarket correction? Oh please, you have made enough fun of yourself as is.
  3. I am talking about trendline and fib support. Which hasn’t been lost yet, but it’s close.
  4. If BTC doesn’t hold this level, a move back down to at least 42k is what I expect.
  5. You’ll never hit the exact top or bottom, don’t try to. Having multiple sell targets reliefs you from pressure and minimizes risk to miss out on any gains(or to sell panicked in a dip). It’s all up to you when to sell
  6. Yes, the end of cycle run will commence soon. Madness across the board and gains in our pockets.
  7. 15$ is a possibility, but I would certainly sell a large portion way before that. Fib target of 2018-2020 point to 9-13 USD this cycle, and that is if everything goes smooth. More recent fib targets is where I would sell to get at least your original investment back to feel comfortable and let the rest ride for 9-13. Maybe leave a small part for if we get a Doge like endgame(unlikely, but possible)
  8. ADA showing the way. Prepare for massive volatility, i.e. parabolic rises with quick hard corrections in between. Wouldn’t surprise me to see ADA correct soon, but it will be bought up massively. Have your sell targets ready, soon wil be the time to take profits and pull out the majority of your investment before the end of this cycle. Last thing I want is to live through another bearmarket of 3 years. Between oct-jan will probably be the time most coins hit their ATH. Most of my buys which were ridiculed over and over again in the midst of the correction, are now 80%+ up already. Love it. Exciting times ahead. Don’t get caught up in euphoria, hold and sell when your targets hit and don’t look back. That has proven over and over again to be the most profitable strategy in crypto. Good luck!
  9. Back on topic. BTC nearing heavy resistance. Let’s hope for a break through this time, I remain cautious around this area.
  10. 60% has been a longer consolidation period for dominance, so that would be a pretty logical target. It mostly depends on if we do get a massive alt season, crash and fleeing to BTC again at the end of the cycle. Maybe this time around, people rather flee into DeFi and actually earn passive income during a bearmarket, further diminishing BTC’s importance.
  11. Yes, 12-15% is my target. We’ve seen 36% in the last cycle, It seems only logical with the amount of new successful alts and BTC focus shift to ETH, that dominance will get struck down to such levels. People and businesses are starting to appreciate actual functionality over blockchain SoV hype. Remember it is a target, it can get hit in a day and mark the bottom, then shoot back up to 30%+ in a matter of days/weeks. That’s what I expect.
  12. As soon as dominance loses the blue lvl, I expect it to go down fast. So far everything going pretty much as expected. I am excited for the next couple of months, but especially look forward to the end of this year. It will probably remain a rocky road ahead with plenty of scary corrections. But this was probably the worst and most scary one and I’m glad the market is recovering as anticipated. Shared this some time back, seems to be playing out perfectly. But let’s wait and see if we do get a real breakdown on the dominance, it could still show resilience.
  13. Now battling around the 0.5 fib. If BTC can retake the .786 around 56.5k we’re good to go at new ATH’s. Dominance so far being rejected, if we get a 2017 similar move, we’ll soon see alts shoot up ferociously.
  14. 2nd rejection on BTC Dominance. Good sign.
  15. Some bearish diverg. on the daily. Could be we need a little cool-off time.
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