Topic: End of an Bear market ( lets hope ) (Read 161 times)
I'm afraid it's far too early to call the end of the bear market. It may take weeks or months, let's hope not years. Technical chart too damaged for such a fast reverse.
Let's hope this is the end of this bear market we all know that few weeks ago is a very challenging for those new in crypto the fud really affects them.
I hope the good news of the G20 summit will turn this market around. It has been a bearish market for too long, we need some positive upwards trends now.
$USD/$BTC Supports
Current Price: `7785.52
Local Low: 7321
Support 1: 6012.62
Support 2: 5151
Support 3: 2927
Support 4: 1835
Support 5: 1538
Looks healthy now, when we were at 19k the first support was 11k.
lets hope we break 8400 to continue the 1 year trend
Current Price: `7785.52
Local Low: 7321
Support 1: 6012.62
Support 2: 5151
Support 3: 2927
Support 4: 1835
Support 5: 1538
Looks healthy now, when we were at 19k the first support was 11k.
lets hope we break 8400 to continue the 1 year trend
Can you please explain what these numbers mean? For those of us who lack technical knowledge?
My strategy for this dip is to hold but my confidence is getting lower in each morning that I read the charts.
$USD/$BTC Supports
Current Price: `7785.52
Local Low: 7321
Support 1: 6012.62
Support 2: 5151
Support 3: 2927
Support 4: 1835
Support 5: 1538
Looks healthy now, when we were at 19k the first support was 11k.
lets hope we break 8400 to continue the 1 year trend
Current Price: `7785.52
Local Low: 7321
Support 1: 6012.62
Support 2: 5151
Support 3: 2927
Support 4: 1835
Support 5: 1538
Looks healthy now, when we were at 19k the first support was 11k.
lets hope we break 8400 to continue the 1 year trend
Hah, all this numbers just numbers. In my mind technical analisys it is magic, which have not any connection wiht real movement of the price. Technical analisys does not work on the cryptomarket at all.
The last drop had the smell of capitulation which is what you always see at the end of stock bullmarket. Hopefully this is the turn.
Will be lots of up and downs due to regulations coming near. after all these is clear, new money will come in.
The trend has not changed yet, but I think that the turn is already close.
Strong levels of support on many coins are already close, I think that we can carefully think about purchases.
Strong levels of support on many coins are already close, I think that we can carefully think about purchases.
Nice hearing the view and the right level of support and resistance you have stated here. I think the $8,540 level this time around is about to be broken and I expect this to happen before end of today. The trend is very strong and I think this is going to move faster than before.
Let's believe that it will pump again and continue until it recovers completely. It is now having a sign that it is recovering. I'm still holding my coins as of today and buying some if I have extra money to spare.
It's not the end, bear market continues. It's just a correction, if you want to exit this is the time.
I prefer to wait no matter how long it will last, I don't sell anything and buy more when I have some cash.
I prefer to wait no matter how long it will last, I don't sell anything and buy more when I have some cash.
$USD/$BTC Supports
Current Price: `7785.52
Local Low: 7321
Support 1: 6012.62
Support 2: 5151
Support 3: 2927
Support 4: 1835
Support 5: 1538
Looks healthy now, when we were at 19k the first support was 11k.
lets hope we break 8400 to continue the 1 year trend
Current Price: `7785.52
Local Low: 7321
Support 1: 6012.62
Support 2: 5151
Support 3: 2927
Support 4: 1835
Support 5: 1538
Looks healthy now, when we were at 19k the first support was 11k.
lets hope we break 8400 to continue the 1 year trend
Yeah lets hope the crypto market will recover in the future.
i still believe in cryptocurrency. The price on the market is down currently,
The crypto demands still high, the value won't drop easily.
I'm not so optimistic, though I believe in crypto in long term. The market is still far from the bottom.
I am beginning to have more hope and i believe things will get better in the cryptosphere. It is really nice for those that are still holding.
$USD/$BTC Supports
Current Price: `7785.52
Local Low: 7321
Support 1: 6012.62
Support 2: 5151
Support 3: 2927
Support 4: 1835
Support 5: 1538
Looks healthy now, when we were at 19k the first support was 11k.
lets hope we break 8400 to continue the 1 year trend
Current Price: `7785.52
Local Low: 7321
Support 1: 6012.62
Support 2: 5151
Support 3: 2927
Support 4: 1835
Support 5: 1538
Looks healthy now, when we were at 19k the first support was 11k.
lets hope we break 8400 to continue the 1 year trend
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