Get Ready For Deep Penetrations in Currencies!!!
Get Ready For Deep Penetrations in Currencies!!!
Hello Folks,
I am usually a buyer of Crypto Currencies but as per the trading system both buyers and sellers wotk together...
So what i want to say is that we have a PAUSE! and now Deep Penetrations are on way in currencies and the only way i consider i am wrong in my analysis is if we Breakout in BTC above 3000$ and 425$ in Ethereum..
Market tried twice both in Ether and BTC but taken down heavily with good supply and in result currencies turned Red.. as both BTC and Ether are main drivers of market.. so if they turn Red.. they drive market in Red!
To me thats a Sell Signal in trading and i think near term consolidation will remain in place..
I shared this chart few days ago as i read market is turning in Pause.. so after 2nd fail Attempt i am getting more confidence that we will see cheap prices soon!!!
Ethereum
https://steemit.com/steem/@hellogelt83/where-ether-is-going-caution-buyers-if-below-425usd
Bitcoin
https://steemit.com/steem/@hellogelt83/blood-bath-in-crypto-currencies
For now i am very sure we will see more cheap prices in currencies to buy at low prices but market has its own rules to move ☺
Good Luck and Steem On!
Good view! The market indeed recovered twice really fast and maybe 3th time will hit hard. At the moment it's going down hard but I follow your thoughts about it! I also talk about cryptonews, travels and life. Be sure to check it out if you are interested! Love <3
I am short on both BTC and Ether.. as in my last posts i mentioned that market is turning into Pause but with consolidation.. Sunday was last day for me as a Seller due to technicals and some other things but i think Sellers are in Control now.. so i consider buying now after some deep Penetrations..
so you are saying to buy now after the little drop?
For some weeks i don't consider buying.. as i think sell momentum is rising but once again if Btc remain under 3000$ and Ether under 425$... For now i think deep dips are on way
Ether Going above yesterday's high will target 650$....!!!!!!!!!! And resumption of trend in BTC
Lots of volatility at the moment, some people are desperate for cryptocurrency to fail. It's all in the politics
@yvonnebraff they don't want cryptocurrencies to fail but they want them at low prices to buy ☺ its all politics ☺