GNOSIS (GNO) Analysis: A Classic Pump & Dump! Is there hope?steemCreated with Sketch.

in #bitcoin7 years ago

SUMMARY

GNOSIS )GNO) suffered from MASSIVE pump & dump! The bah holders were the innocent and the idiots! It would not be advisable to thro ETH or NEO into ICOs....better to wait until post ICO! All the youtuber personalities shilling for ICOs and getting paid for it....shame!

GNO has two possible paths but perhaps same destination. I've labeled the red and blue pathways. Each has the same labels but diferent colors and time frame. The blue pathways ignores the bottom most spike and thus wave y could be almost if not done. However, the Head & Shoulders pattern probably calls for more lower lows before a trend change.

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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

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@haejin - I've never held any Gnosis, but I really like your way of walking through this with people that have been hurt like you've said.

Keep up the good work man! You're only doing good things here!

The man is wise and caring....you can't ask for much more. @haejin is a rare being these days!

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Zencash,

  1. A classic Bullish wick?
  2. A classic fake out, or
  3. Its decided to take a new path?

Generally it takes a couple days for coins to go phasic again with BTC. The trend seems to be that people move to BTC for a rise, then faith returns to the alt coins.....which in turn drops bitcoin....which in turn drops alt coins....and on and on and on.

Pick one and flip a coin because thats as sure of an answer you are gonna get in crypto. LOL, all in fun!

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