FoxTrading

The altcoin bubble cycle

KRAKEN:ETHXBT   ETHXBT
2746 8 45
With all the ETH madness going on last week it follows the classic altcoin bubble cycle pattern. we have seen many coins doing this kind of cycle like DRK and LTC             . be careful buying eth here because if history repeats u will get rekt buying the top here.
automatica141
9 months ago
I like how you described stage 9 :)
Reply
JeroenHouttuin
9 months ago
The difference with the other altcoins is that ETH is backed by some big companies, plus it allows for really cool applications (e.g. slock.it). Of course there will be a pullback once the price goes too parabolic, but that's what trailing stop loss orders are for, so I'm enjoying the ride until then, and do believe in ETH long term, even though I'm not a fan of any of the companies backing it...
Reply
vbuterin JeroenHouttuin
8 months ago
This time its different, isn't it !
+2 Reply
GeorgeCass
9 months ago
Very good prediction.
Reply
GeorgeCass
9 months ago
And also thanks for the heads up.
Reply
altcoins_trading
9 months ago
u still think we have one more phase, one more bubble up?
Reply
FoxTrading PRO altcoins_trading
9 months ago
i expected that we would have dropped much lower and much faster than where we are now. ETH holding pretty strong so far and i havent seen the real panic yet. if we can hold here i wouldnt feel comfy buying at this price at all because it still went up way to fast. i am holding my short.
Reply
JimFred PRO
8 months ago
its true - buying at tops, new highs is always a risky proposition... but don't knock eth traders. many people made a killing last month ...
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out