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Topic: is this the bottom? - page 2. (Read 1653 times)

newbie
Activity: 42
Merit: 0
July 01, 2017, 07:22:22 PM
#6
unlike the first correction, there was a strong reason for the market to bounce back hard - it was a fake news. This time's correction is worse, there is no reason for the market to bounce back, ppl sell off because they actually see the disadvantages of ETH and they will never look back. So we hope to see sideway actions or even lower 200 USD bottom.
full member
Activity: 462
Merit: 100
July 01, 2017, 05:53:57 PM
#5
I am just smiling your question. A lot of people coming this ecosystem will lose a lot of money. If it is bottom you are so lucky
legendary
Activity: 3458
Merit: 6948
Top Crypto Casino
July 01, 2017, 05:36:46 PM
#4
I'm down a lot on some Dash I bought, but I'm not sweating it.  No one should invest any more than they can lose, and I'm prepared to lose everything.  Hold steady and I'm sure we'll recover in a week or two.  If not, it's been a damn fun ride, no?

Do I think this is the bottom?  Probably not, but we're close.  A lot of money came pouring into crypto, and it has yet to leave.
sr. member
Activity: 1176
Merit: 252
Futurov
July 01, 2017, 05:33:07 PM
#3
Curious what you think.
I am down -17% again, since last highs 2 days ago.

this is starting to hurt, but not planning on selling when down.

so, what are the hopes for a few days from now? are we gonna crash another 20% or will we go up?



what coin did you mean ?
i think you didn't mentioned any coin in your post above
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
July 01, 2017, 05:15:11 PM
#2
Depends if the $200-$210 support on ETH/USD holds.

From a long term scale, its looking like a huge bullflag on the weekly. And there is very little support all the way to $25 pretty much. Don't think we'll go that low but from a technical angle we might. Happened with BTC back in 2015, going to the mid 2013 highs.

Short term we are getting failed highs and newer lower lows. Hence looks like a bull-flag formation.

Also 70K new shorts entered on Poloniex from last week.

member
Activity: 126
Merit: 10
Bitcoin amateur learning by doing
July 01, 2017, 04:40:37 PM
#1
Curious what you think.
I am down -17% again, since last highs 2 days ago.

this is starting to hurt, but not planning on selling when down.

so, what are the hopes for a few days from now? are we gonna crash another 20% or will we go up?

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