Analysis without Elliot and other features of Technical analysis. One clever man said: if the fundamental analysis is bad, then it is pointless to make forecasts for technical analysis.
I believe that the next 3-6 flat total market. ONLY chance now to make it day trading. Rapid movements subject to all the risks to try to catch traffic by 5-7%.
I would do a little search before making such assumptions (lack of Fundamentals). Here is some information: Staking and delegation will be available in Q2. New wallets (paper, linux, ledger, lite) will be released in the same time frame as well. Per Charles comment, once the strong foundation is built the team will focus on marketing as well.
Artmen007
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@zryk, I know ADA is a great project. Fundamentally, the entire market will be in flat for several months at least until summer. BTC will at least go for a double bottom test 6000 dollars. And I don't think altcoins, as opposed to BTC, will grow.
just my opinion.
CryptoJulio
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@Artmen007, Perfectly agree ! All altcoins are financial derivatives from bitcoin, and bitcoin drive the market. I assume that bitcoin bubble has not complete it's burst, and we should next enter the capitulation step, and then it should be the last step of the cycle, then market will be flat, and volatility will stop, then people will start again buying slowly bitcoin, and later only money will go to altcoins market. We don't care about the fundamentals of altcoins right now, because bitcoin is in top priority to affect the whole market :)