TradingView
PRO_Indicators
May 18, 2019 3:34 PM

Crypto Market Update : Speculators out, gamblers back in ! 

Ethereum / BitcoinBinance

Description

Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.

Kindly,
Phil
Comments
Play_Fall
Comment as tu trouvé la target des 278 $ stp ?
Fibo de où à où ?
alainbkk
Liked and shared! Always great analyses with the best educative tips. Thx mate ;-)
PRO_Indicators
@alainbkk, Thanks ! But there's one thing I forgot to talk about. I see a mostly bearish analystic consensus here in tradingview. Some talking about much deeper lows etc.. But still too much bears means it's risky to sell ;) So my purpose here is mostly to say that buying is out of context, but selling seems also a bit risky to me ATM. Maybe just wait for further informations
alainbkk
@PRO_Indicators, Agreed, better to stick around for now then waiting for a new context! Regarding Tradingview, that's definitely a great platform but since it's more popular with crypto traders, we can see a bunch of new so-called experts who are posting regular analysis, but which are not always reflecting the current market. As happened this week, someone posted the potential creation of "head & shoulder" pattern with BTC, then in next 24 hours we saw about 30 posts showing the same pattern with different colors and without any TA explanation! (BTW, at that time of writing this H&S has poor chance to be validated! LOL)
More