Viewing a response to: @devytan/bitcoin-btc-price-update-head-and-shoulder-pattern
So do you trade real money on your own price projections? If you do how accurate are you a projecting the price movement?
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| author | hanamana |
| permlink | re-devytan-bitcoin-btc-price-update-head-and-shoulder-pattern-20180317t035910927z |
| category | bitcoin |
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For this moment my capital is locked up, so I would probably look for an exit (preferable a bounce to get out of the trade). I don't really predict the price. I only adjust my trading strategy with confirmation that I could find on the market.
| post_id | 39,010,902 |
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| author | devytan |
| permlink | re-hanamana-re-devytan-bitcoin-btc-price-update-head-and-shoulder-pattern-20180317t041545513z |
| category | bitcoin |
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| root_title | "Bitcoin (BTC) Price Update: Head and Shoulder Pattern!?" |
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Most traders seem to have their capital locked up in BTC and Altcoins with the price acting unlike before Dec 2017 when prices were climbing like crazy and anyone who bought made money...lol Now, it seems general retail investors without any experience in trading is confused. I am confused as what is going on with BTC retracing down for 3 months already.
| post_id | 39,011,829 |
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| author | hanamana |
| permlink | re-devytan-re-hanamana-re-devytan-bitcoin-btc-price-update-head-and-shoulder-pattern-20180317t042419096z |
| category | bitcoin |
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This is my opinion but overall cryptocurrency is overpriced and if you look at the chart there are alt coins that has made gains more than 1,000%. And every market has it's cycle which means there is a big possibility that all crypto will go into a bear trend (could be a couple of months) and go into accumulation cycle. I don't think we can just deny that fact that most crypto is a bubble and the ones that got hurt are the ones that are greedy. And if you combine this will the FUD, the media and the government. I wouldn't be surprise if for example bitcoin is have a rally to the resistance only to breakdown lower which is simply lower lows and lower highs for a couple of months.
| post_id | 39,013,529 |
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| author | devytan |
| permlink | re-hanamana-re-devytan-re-hanamana-re-devytan-bitcoin-btc-price-update-head-and-shoulder-pattern-20180317t044011047z |
| category | bitcoin |
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