fineregex
Fast growth is for a limited time. "gravity" brings it back. The harder the rise the harder the fall The green trend may be tested very soon Typical USD INFLATION: <2.5% / year BITCOIN INFLATION 2015: <10% mining BITCOIN INFLATION 2017: >14% that is: <4% minig (will be zero or almost) + >10% Bitcoin Cash value
Does this Chart pattern have a name already? Else let me claim the name name. Momentum changes/patterns are curves. Straight Trend lines can silly/inaccurate.
and the moonlight is the only light we see
hi:) history can NOT always repeat itself. (The bows/sunsets have the same size)
Watch the sunset. dont get infected with delayed/late pump troll mania
good day. Weekend may be used for panic selling What are we waiting for here? Did you sell already or did the crypto bubble's mania virus catch you? If you are long on margin, dont you feel guilty of the bubble? Why not give your voice for the rational healthy consolidation finally?
Of course this R/R is very high and tempting! Just dont over leverage. Every trade allowing yourself to make a loss very soon is also nothing sustainable and rather a gamble than meaningful. (Probably in retrospective most of all your losses were completely unneccessay. Trading less you would have missed gains too but is psychologically rather wrong than...
Maybe you saw an S shape before? I am not sure why it is even attempted but guess the next one being weaker than the previous two will be enough of a signal to convince / trigger the reversal of the hype 2017
Who said patterns are horizontal? Break out of double bottom could be considered confirmed few hours ago as of the falling trend. Yet it is another classic fight between "Rational (green) vs mania (pink)" ? Who is the stronger party today rationals or inanity, gambling, manipulation?
not so attractive idea, is it? thepatternsite.com What is the reason 2013hype was about a double top?(and is it comparable anymore?)
What do you think?