Is it the end of Red Wave ? - page 2.

MRlong

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Quote from: gamer4156 on November 28, 2018, 12:40:31 PM

Hello friends, Market has recovered again, although it is not very high rise. But you observe the crypto market closely then it has a behaviour in it. On 25 Nov there was an downward movement in the market then on 26 Nov there was an upward movement. Yesterday it was again down and red was the light everywhere. Now today it is again Green everywhere. Do you think market has touched the bottom line and there are chances that it will go down further?

It's very hard to make the right prediction for this market at this time when the price constantly fluctuates. I think you will be patient and waiting for the bright of the market, and I hope that the next month the rate of BTC and ETH will rise to get the market cap to grow to 200 billion dollars.

tabas

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Quote from: poodle63 on November 28, 2018, 06:47:38 PM

I could not consider this as the end but remember the bearish trend can be started anytime. The market has started to rebound from the bottom floor. We will see what will happen to the bitcoin as soon as possible. just waiting for that.

The bearish trend has started for a long time for this year. Do you mean to say the bull run? So if you mean to say that its just getting started then how low the bottom would be? Everone is expecting to see a bull run and now in your opinion, the bear's just about to start.

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legendary

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Quote from: gamer4156 on November 28, 2018, 12:40:31 PM

Hello friends, Market has recovered again, although it is not very high rise. But you observe the crypto market closely then it has a behaviour in it. On 25 Nov there was an downward movement in the market then on 26 Nov there was an upward movement. Yesterday it was again down and red was the light everywhere. Now today it is again Green everywhere. Do you think market has touched the bottom line and there are chances that it will go down further?

If me i will stay calm and see where market will go, because it is almost christmas and i heard people will sell their coins to cashout for holiday, this thing usually happen and i think it is better to take a rest from trading.

Kang TB

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Quote from: gamer4156 on November 28, 2018, 12:40:31 PM

Hello friends, Market has recovered again, although it is not very high rise. But you observe the crypto market closely then it has a behaviour in it. On 25 Nov there was an downward movement in the market then on 26 Nov there was an upward movement. Yesterday it was again down and red was the light everywhere. Now today it is again Green everywhere. Do you think market has touched the bottom line and there are chances that it will go down further?

i read a good news coming to crypto world,, maybe this is only one of them
https://cointelegraph.com/news/nasdaq-partners-with-vaneck-to-release-regulated-surveilled-digital-assets-products
i think the rising price on crypto world was because of that news

Baofeng

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Quote from: gamer4156 on November 28, 2018, 12:40:31 PM

Hello friends, Market has recovered again, although it is not very high rise. But you observe the crypto market closely then it has a behaviour in it. On 25 Nov there was an downward movement in the market then on 26 Nov there was an upward movement. Yesterday it was again down and red was the light everywhere. Now today it is again Green everywhere. Do you think market has touched the bottom line and there are chances that it will go down further?

Hard to say at this point. We have seen a lot of this patterns from the past. Just a couple of days ago we went from $3600->$4000 then $3600 again. So I don't know if this is a bull trap or dead cat bounce or a legit break out run. I'm speculating that people are doing short, specially bitcoin, imagine buying at $3600 and then selling it at today's price of around $4000-$4100, that's instant profit in couple of days. So just be careful guys not to be trap here. On the other hand, if you have bought at $3600 then look at the long haul and don't short not just bitcoin but at least top 10 coins.

poodle63

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Quote from: gamer4156 on November 28, 2018, 12:40:31 PM

Hello friends, Market has recovered again, although it is not very high rise. But you observe the crypto market closely then it has a behaviour in it. On 25 Nov there was an downward movement in the market then on 26 Nov there was an upward movement. Yesterday it was again down and red was the light everywhere. Now today it is again Green everywhere. Do you think market has touched the bottom line and there are chances that it will go down further?

I could not consider this as the end but remember the bearish trend can be started anytime. The market has started to rebound from the bottom floor. We will see what will happen to the bitcoin as soon as possible. just waiting for that.

Suleiman the Magnificent

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Yes, market stopped bleeding wave a bit, but I think it's not over. In particular, I think the price of bitcoin will down slightly again soon. I hope I'm wrong.

sunsilk

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We don't have any idea if the red days are totally ended but just don't be too confident that it already does. There's more to come in the market but if this will keep going then its favorable to everyone.

Waiting for it to break through $5,000 then $6,000 and so on. If we will see that happen again, then to be exact we are already getting out of this bear but until we see $10,000 again I'm not going to be confident.

Maria

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There may be an increase to prevent short positions. I need to be careful.

Puyol

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I think this is not a recovering or starting of Green waves. We will see the bear trap again one more time that will happen in 2 days. We will see the real increasing and high volumes after the this year. We can wait more the rising for earning a lot of money.

maryanlukuts

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Maybe. Actually, I can't say anything at this time. The whole market changing at every time. So I can't say anything at this time. But, we can see some new things here. It's I saw the market will try to do change its path. But not yet confirmed it. However, it will be confirming to upper wave, definitely, the whole market will increase rapidly. So wait and watch.

bttmember

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To be honest we need to wait a little more before calling bull run, i think if btc breaks 4300 to 4500 levels first and stays above those levels then i will consider it positive for the market and bulls, second factor for me will be the weekly and monthly candle closing if they close with a positive candle we can expect reversal but at the moment we have to wait and see.

kumiskura

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Quote from: coarnacu on November 28, 2018, 02:28:51 PM

Don't know, but bitcoin has some recover now.

I do not think it can be considered as a recovering, the price is up due to this: https://www.coindesk.com/nasdaq-vaneck-partner-to-launch-crypto-2-0-futures-contracts
If crypto always repeats its history again, I believe in no time the price will be decreased again but of course everything is possible right now.

coarnacu

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Don't know, but bitcoin has some recover now.

DenysM

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I hope that the market will unfold in December, but perhaps a major player wants to confuse us. Many will start buying Bitcoin in Long, but I wouldn’t be surprised if we touch 3000. If we show growth for several days, this is the first sign of a reversal.

xenomorphe1

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I have some doubts that it is the bottom. At $6000 people already thought it was the bottom. But there is still hope for a little rebound. But for how long and how much? Nobody can really say.
The current volume of trading is bigger compare to when BTC was at $6000, it is not too bad.

DaMut

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Did you forget when people said, the bull is ready? or the bull is coming in a couple weeks ago before this decline?
Even though we are seeing a good movement with cryptocurrency right now or today, but it does not mean the trend is changing right now. Do not forget the fact that we are going to take a holiday in a couple weeks later, which means the price usually always take a huge dive for a couple days before the holiday.

Cryptocurrency is always making a move based on the opposite side of your sentiment and prediction.

puremage111

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Price stabilize a little bit now and actually rally few % these 2 days
Market seems a little bit positive now compare to weeks ago

More and more positive news of big institutions are into the game
Lets see!

gamer4156

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Hello friends, Market has recovered again, although it is not very high rise. But you observe the crypto market closely then it has a behaviour in it. On 25 Nov there was an downward movement in the market then on 26 Nov there was an upward movement. Yesterday it was again down and red was the light everywhere. Now today it is again Green everywhere. Do you think market has touched the bottom line and there are chances that it will go down further?

Topic: Is it the end of Red Wave ? - page 2. (Read 354 times)