Topic: I'm calling it: the bottom is in (Read 2340 times)
Well... people who sell right at the bottom is in dispair. They then buy back right at the peak of a bubble. They never trade but they like to commentate, speculate and give financial advice to others lol..
Bottom change log:
$450
$420
$350
$330
$280
....
$450
$420
$350
$330
$280
....
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Disclaimer: Anyone who listens to me deserves to lose all of their money.
Haha at least you are honest!
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Disclaimer: Anyone who listens to me deserves to lose all of their money.
Although your analysis is thorough and complete i don't believe you because you didn't post even a single logarithmic chart with random hand drawn lines...
here you go. lower arbitratry line is exponential support - global minimums, higher arbitrary line is local minimums
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Disclaimer: Anyone who listens to me deserves to lose all of their money.
Disclaimer: Anyone who listens to me deserves to lose all of their money.
Although your analysis is thorough and complete i don't believe you because you didn't post even a single logarithmic chart with random hand drawn lines...
yes it seems like this
but to rise up it need to break some levels like
350$, 420$
if it breaks those levels successfully then yes it was a bottom else downside risk is always there
but to rise up it need to break some levels like
350$, 420$
if it breaks those levels successfully then yes it was a bottom else downside risk is always there
I really hope the bottom is in, but I don't have TA skills so I can only guess.
The low from one month ago hasn't been tested for the second time yet, that's under $300. Only if that holds, then the bottom is in.
Not necessarily, a double bottom on the right scale will do. To ensure that 275 was THE bottom the market has to break resistance at 420$ and push to about 470$.
Then it should be high enough that the corrections that will come will probably build a double bottom and not break major support.
Anyway, soon the 4h MACD should be crossing, so I'm expecting to see a bit of a pump later today.
The low from one month ago hasn't been tested for the second time yet, that's under $300. Only if that holds, then the bottom is in.
I'm definitely going to cut my looses now. 
Another one more bottom 
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Disclaimer: Anyone who listens to me deserves to lose all of their money.
Oohh....
inb4 crash to zero
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Disclaimer: Anyone who listens to me deserves to lose all of their money.
Disclaimer: Anyone who listens to me deserves to lose all of their money.
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