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'sI 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.
