Alt Coin Bottom Watch Nov 20 2018 "Aftermath Update" Charts and Thoughs

BTC

I'd like to start this update by taking a look at the past. The 2014 BTC chart to be exact. As you can see in 2014 there was an 85% drop from the highs. The high to final low took a total of about 401 days. Lets compare that to now..

BTC

So far we've seen a 78% drop from the high. So far were at about 341 days. I was reluctant to belive we would see the similar patterns as 2014 due to the fact that the down market then was caused by the mt Gox indecent. It appears to me that the boom bust cycle will happen for the most part regardless of fundamentals. Because lets face it we've been seeing nothing but good news for a while now and there's been no impact. I question if theres a bit more room to the downside and also ill be skeptical on the following rally out of all of this. I do think this puts the ALTS in a GREAT position to start skyrocketing though. Almost all ALTS are hitting historic lows right now and if history repeats it self might be in for a huge rally.

XRP

Theres an important thing to not with this chart (you'll see it from Coin market cap for a reason instead of tradingview)
Take a look at the divergence in USD price VS BTC Price. As USD price goes down its BTC value is taking off. We've seen this happen before with XRP. Xrp has remained to me a great indicator of the overall bull market in ALTS. Both Alt runs i've experienced had XRP being a main player at the time. In the first pump XRP was showing massive BTC Valuation gains with substantial but minimal gains in USD (in respect to the BTC Gains) In the second pump there was Massive USD and BTC Valuation. Currently it looks like its on pace to make these big BTC valuation gains again. USD value seems to be lagging again (much like the first pump).

WAX

Wax has done fairly well hold most of its recent gains. As can be seen its currently retesting important support levels for the second time.

BAT

Bat also has been on of the better performers in holding up during the crash. Both of these are getting sketchier as time goes on. Would like to see some strength here to keep these two on the right track.

Link

Another one that has been preforming remarkably well considering. Fell a bit but is still above the important new support.

ARK

Like a lot of ALTS... It Fell through the floor. Will watch for future strength.

ICX

Like a lot of ALTS... It Fell through the floor. Will watch for future strength.

RDD

Fell too the floor and now appears to be retesting this level.

SC

Like RDD.. SC Fell too the floor and now appears to be retesting this level.

You can see I shortened the list a bit in this update. Im only sparing you the copy and paste of (FAIL)..

Well thats all I've got for you on this one!

Let me know what you guys think below

or if I muffed anything up!

-Dest
P.S. Don't forget to join up on the Troll Box Unlimited Discord,

and the Troll Box One Discord as well~!! ( A great Resource for Crypto Enthusiasts)

______ Links _______

Discord server (TROLL_BOX _UNLIMITED): -- (My discord server, Join up for more updates and information)
https://discord.gg/4era6yp

Discord Server (IntroToCryptos):- ( A great Resource for beginners and Traders!)
https://discord.gg/mNdfhBW

Discord Server (Troll_Box_One): ( A troll box for crypto enthusiasts)
https://discord.gg/rBSCXS3

Youtube: cryptoindestments
now made private

Steemit acct:-
https://steemit.com/@cryptoindestment

My VPS affilate link (for those setting up Masternodes!)
If you use my referal link when setting up a masternode
I will offer as much assistance as I can in the above discord
https://www.vultr.com/?ref=7324886

Coinbase referral Link:(buy BTC ETH or LTC with a credit card)
https://www.coinbase.com/join/58e87b007d666c7d236b7df2

💰LTC Tip Jar: (make sure to leave a message with your name!)
LZPwDLCUDXZ6nPp7YdP8BeKy8ATnCcQ97s