This is looking more and more like a bull trap the more i look at it... We've seen a strong push to the upside around 20% or so from the lows and now everyone thinks its "bull season" I'm sure most of you is aware of the dead cat bounce theory, and for those of you who don't it is basically the thought that if you drop a cat off the roof it will bounce a bit...
Hi, traders. My name is Lukas and I am a beginner in trading, respectively, I only trade 6 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and...
Breaking the 200 week MA is a severe technical breakdown. Becomes bottomless after this. Last seen in 2008, 56% selloff. Panic selloff. Irrational exuberance replaced by irrational fear. Short the rallies, try not to get killed; GLTA! Not advice, clearly just an irrational idea. A fierce bear rally can occur at any time, trade at your own risk.
If you read the news today, the House of Representatives is opening an impeachment inquiry on President Trump. If I am correct, a lot of people are going to be panic selling and the market is going to plummet these next few days. I can't imagine many positive news cycles will be coming out with the trade war on China, tensions with Iran, and now this? Short...
I'm ashamed. Embarrassed. I don't want to tell people I dabbled in crypto. The main reason is the weakness and lack of faith within the crypto community itself. It hamstrings itself at every opportunity; shorts constantly, can't sustain bullish activity for more than 5 contiguous minutes. What are you doing?? Collecting 1% and day trading. Recent studies show...
Do you see that red candles out of the Bollinger Bands? It happens when the price movement is not natural, panic selling, manipulation etc. Anyway, we have to deal with it. The 50% line (mid line) of the gray support area should hold as support, or its will turn to be probably tribble. Although the ultimate bot in order to don't go down to $4000 should be the 3D...
Panic sell since yesterday, but it depends how you trace the support lines. For me it's still in the price correction triangle, but the lower line has been touched and I am moderately buying. I suspect one more month of up and down, but for the mining costs and current hash rate BTC is strongly underpriced. Panic sells are starting, good opportunity for buy, but...
Looks like we'll bounce off medium strength support. Then rapidly back down to the long term support area. At any point it breaks the down fib channel then you should by. Until then, don't do anything.
To me the pink prediction is the most realistic... Next step around 13k ( less than a week) Comeback to 10k after a pump to 14k (2 weeks to go (start now)) If he broke the 14k resistance the next target is 29 k (and he takes probably 3 months ) (sorry for my English)
When you are a sheep and you buy verge at 2k satoshis you just burned an half of your cryptos. I've some ideas where this money is going... I'm also sure that you want panic selling. So wait a moment and look if it bounce on the line to accomplish another bull run.
I feel that with the days leading up to this btc hard and soft fork, there is going to be major corrections and people are going to be panicing and taking their money out of crypto... The predictions that we put do not cater for this! This why i think we will see new trends set and theory and calculations can not measure the external environment factors that...
Looks like a good time to buy Litecoin. Looking at MACD for a cross and bounce back up.
After a sell off more than 30% in a week. To me, it is due to some panic sell off here. However, after a wave of sell-off, a chance of rebound will be increase. I would like to put a small bet (because of the volatility) here, expecting 5-10% rebound in 5 days.