October surely was a fate defining moment for - CHINA.
China finally realized that the way to truly win the global war against the USA, if it comes to it, is to dethrone Dollar. Something Russia has been actively doing since the sanctions have been placed on it, after the Ukraine debacle.
Nothing threatens the dollar more than creation and affirmation of a anti-dollar nations with nuclear capabilities that choose to trade in Crypto than US dollars. Noted that is far into the future, but China is thinking long game, as it obviously knows whatever the USA is demanding from its trade deal, it will undermine current Chinese economy, and they will not concede. So why not strike the initiative first, and go cryto while the America is in political turmoil.
Thus, USA will have three options: more financial strangulation, more war or join this new block chain war race. As you see, the real option is a start of block chain war race. Thus, you have got to be bullish on crypto, gold, raw materials and goods.
Once the transition will be obvious the central banking will no other choice, but to hold crypto asseets, this would also mean their QE or printing press, with negative rates, will be running against a traded commodity, thus they will have no choice but to be invested in the crypto within few years.
Note - Corporations are already getting ahead in blockchains race, some banks are already participating in this world, and they will keep quite until they will make themselves rich for as long they can and keep telling normal people to stay out of blockchain tech.
So how does this relate to our TA, well, it relates to the idea of a CHANNEL: something happened, and now we are in a bullish mode, no matter what the price is doing, the future is that price will higher high than it is today, in relative long view.
This means, acquiring LONG assets with 1-2 year project potentials is idea as of right now, u should have been doing it before, but now is good as ever. Slow accumulation of assets over a long period of time, as we might be hugging support channel for somet time.
There are a lot of projects in crypto world that are trying to change the world: Here is my list, and if i missed something let me know.
NXS - my personal favorite, is about to shoot to the moon, FYI. SC, LINK, DASH, NEO, BAT, ETH-2.0, HOT, CVC, RVN, TRX, XRP, XLM, ADA.
The future is on our side. Pick your alt coin, study the project, and go long and YOU will WIN!
Good Luck Everyone!
**LEGENDS**
BLUE = Bear/Resistance Yellow = Bull/ Support
Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~ /*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place!