with the chinese integration I think that on this red wensday prices really not reflect value and we shall see 50k
I agree although that is a very modest estimation. If the Chinese republic does infact begin to use xbot, 100's of k's
I hope I'm wrong and I don't want to wish this coin bad luck, I like the idea, but the chart pattern is not very positive right now.
If I'm not mistaken it looks like a "Head and Shoulders Top" indicating that the price has reached a ceiling. I was disappointed to sell at 28K, maybe I will regret it.
I will be watching the price closely of course.
thus levels of manipulation. trying to read a graph is a sovereign stupidity
Yikes... Sorry for throwing this back at you guys but I don't like being called an amateur or a FUD.
Edit: Btw price could "bounce back" to 20-22K...
while the whole volume is bittrex. where the price and want a couple of people. ie anything can happen.
Now if you want to further analyze graphs according to the theory. Come in.Well its hard to tell, I like the idea of XBOT, the concept of tweeting to trade is great.
That being said, this is a similar chart pattern found on $HAL. Someone here yesterday told me "If its a HS Top, the head is supposed to be higher". Looks like its different in crypto, dont forget stock market is trading 30h per week, and crypto 24/7.
This is HAL at 60K (now its 22K), the situation is different because the price of HAL rose from 17K to 60K, so thats why I only saw a small correction on XBOT (the one we saw to 16K). Hope this is different.
Ok,
1)TA is great and I do use it, however, this coin is less than a week old so TA is only so good.
2)Very important.
Very, very ,very important.
HAlcyon is dominated by pumpers und sie dumpers. pr0m crew, boomsling, etc. Can't compare. Manipulated abnormalities. Compare hal to key. Crypt too. But can't take those three and compare them to any other crypto. Best to use something like fibre, sdc, etc,. There's always a quick giddy-up in price when a coin gets released, then slow demise for a week or two, then giddy-up bitch, time to rise.
3)Follow the innovation. It's done well for me.
