DLavrov

Few Words About Cryptomarkets

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I would like to write few words about the cryptomarkets because it's really interesting situation. Just imaging: Btcoin -9,27%, Ethereum -26,75%, Litecoin - 15,62%. Big short? It looks like this. May be you think it's panic and investors try to save their money closing their long trades. Well, I should say that it's a typical situation for the markets where there were fast upward trends. Bitcoin , Ethereum , Litecoin made historical tops. The markets were greatly overbought. And this sale is just a logical way out. I don't think that we should talk about a trend reversal, we don't have signals for this. It's just a good correction which returns the markets to their real levels. These levels will be good for buying. We'll have the greatest long opportunity! Just don't hurry! Wait for solid signals before opening long trades. The markets have huge potential for grow in long term. Good luck!

P.S. And what do you think? Please, share your thoughts in comments )
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Comments

I usually keep a cold head and hands... but when I start to panic I read your ideas. They are theraphy!! Thanks for sharing! And I have one question: Could you recomend a tutorial, course o anything that can help me better understand and analize charts?
+2 Reply
@Jemil, use Google search for ChartSchool - free and good quality stuff
Reply
Guys, thanks a lot for your comments! They are fantastic )))
+2 Reply
I think you're fucking great, @DLavrov . That's what I think.
+2 Reply
Great words!!
+2 Reply
DLavrov chandler.kluser
@chandler.kluser, thanks )
+1 Reply
Hi DLavrov, I actually have a different perspective, my friend, I see us still further upside. There are no bearish signals so, with all due respect, it's premature to call a pullback (although at some point pf course there will be).

I have several posts in my profile explaining why I see further upside for now.

It would require a structure break to turn my position around, but as it stands we are still trading with the Up Trend.

Hope this helps.
+1 Reply
BTC will go to around 1800 then rebound to about 2800 then continue the bearmarket. That are my thoughts. If you look at the previous big pump on BTC, this one works exactly the same. The ultimate buy of this long term wave is $800.
+1 Reply
Congratulations man, this is really turning out quite superbly!
Reply
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