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Topic: Do the markets go real uptrend or only the joke of the shark? - page 4. (Read 571 times)

newbie
Activity: 238
Merit: 0
The market is controlled by whale, which can not be denied. Especially from the two days of market control, we feel that whale is strong. I don't think the market has really gone out of the bear market or has recovered. There are still some days to observe.

Yes maybe you are right. We should observe some days. I think this is the good news for all traders
member
Activity: 146
Merit: 10
The market is controlled by whale, which can not be denied. Especially from the two days of market control, we feel that whale is strong. I don't think the market has really gone out of the bear market or has recovered. There are still some days to observe.
member
Activity: 378
Merit: 10
Today, on the coinmarketcap.com you can see  Bitcoin (34.91%)/24 Hour Volume Rankings (Currency). The  Binance is the No.1 exchange. Marketcap reach $323.451.409.995. I think the uptrend is going to win this time

Hope so, but i still think this only the test of shark.
The fluctuation of BTC is very strange, it defeat all support bound.
I think BTC will go to 8200 and go down after that.
newbie
Activity: 238
Merit: 0
In 12th April 2018, BTC dump from 7100$ to 6700$ before the dramatically increase 1000$ in approximately 30 minutes and now sitting at 7800 $.
I dont know what is this ? The market is stable and go uptrend ? No, i think it is only the test from shark about market's psychology, I guess it will decrease and sitting at 7000$ before real recover.
Please keep calm and be careful with the trap.
I agree with you. A long time the downtrend was going. All investors didn't want that.
newbie
Activity: 238
Merit: 0
Today, on the coinmarketcap.com you can see  Bitcoin (34.91%)/24 Hour Volume Rankings (Currency). The  Binance is the No.1 exchange. Marketcap reach $323.451.409.995. I think the uptrend is going to win this time
member
Activity: 245
Merit: 32
Cryto is not same as the stock, the technical analysic only for reference.

Absolutely correct.

Though the past has shown that especially these patterns (testing support for weeks resulting in an explosive pump) usally are the beginning of a clear uptrend. Additionally, there have been a lot of positive developments regarding regulation & adoption lately.

...i think we don't have to mention in every sentence that this all still is pure speculation.  Roll Eyes
member
Activity: 378
Merit: 10
I disagree with that; seeing the technical analysis a clear uptrend is happening. The support zone around 6900$ has been tested for weeks now, and after this enormous pump a new zone has been formed around 7500$. If the support sustains for some days, even higher prices are possible again in the upcoming weeks.

Cryto is not same as the stock, the technical analysic only for reference. When the BTC down, alot of analysers said that the support bound was 12000 $, an can not went down through this point, they sure 100%, and the result as you see.... go down to ~6000 $.
member
Activity: 245
Merit: 32
I disagree with that; seeing the technical analysis a clear uptrend is happening. The support zone around 6900$ has been tested for weeks now, and after this enormous pump a new zone has been formed around 7500$. If the support sustains for some days, even higher prices are possible again in the upcoming weeks.
member
Activity: 378
Merit: 10
In 12th April 2018, BTC dump from 7100$ to 6700$ before the dramatically increase 1000$ in approximately 30 minutes and now sitting at 7800 $.
I dont know what is this ? The market is stable and go uptrend ? No, i think it is only the test from shark about market's psychology, I guess it will decrease and sitting at 7000$ before real recover.
Please keep calm and be careful with the trap.
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