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RE: Enjin? Will I Invest?

in #crypto • 7 years ago

Excellent article, @teutonium. This looks like a very good project but after such spike, I am not even looking at it.😂

Well done on such a great analysis.

By the way, all these altcoins having huge spikes, what do you think of it ? Many of them recovered everything since the big November drop and then some.

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 7 years ago (edited)

I can answer that in 2-3 weeks, I won't turn bullish without clear signs of a bull market, alts popping isn't a sign, alts have been popping and dropping since January, and we are still going down.

Just so you know stoch RSI is at the highest level possible, last time it was at this level was during the ATH, and we almost didn't move up, this to me indicates a drop ahead, when the stoch RSI turns bearish 2-3 more weeks max we might shoot down really fast, if it doesn't I'll start considering a bullish case.