I don t understand your last chart.
Are we now still below that red line going to green ? Meaning 10K less ? Thx
waseemshamieh
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@Xtadeus, No, I see it bounced from the red trendline and the red arrow show our next target .. As long as the next two candles (4hr frame) closed above the red trendline,,
@waseemshamieh, So for you the move we have here ( 14600$ on gdax ) is not the phase of a bulltrap ?
LargeMarge
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Anyone think this has to do with the US Tax Reform Bill?
Anci
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@LargeMarge, Probably not. I don't see any direct effect on crypto. It should be good for the Stock Market though.
IMO, the current dip is a combination of traders taking profit after the massive run, prominent crypto figures trashing bitcoin in public, and FUD after the initial slide. This is just a correction. It's about time to be honest.
Are we now still below that red line going to green ? Meaning 10K less ? Thx