In IOTA, 3 important resistances seem to come together in one area highlighted with the circle. I believe, that if it breaks that resistance, it can go bullish again. Be careful though.. it has already seen explosive movement upwards.
Hello everyone,
I'm really new to trading and I'm trying to work out some of my ideas in hopes to get a better and more solid understanding of the trends in crypto currency and trading in general. The trend of ETH has been really bearish the last month. I expect this is due to people trading their ETH for BTC to maximize their gain in the new Segwit2x coin....
So the Hardfork is getting closer and closer. BTC will likely drop, but where will it find support? If you look at the trend since July, You'll maybe say that it will find support at about 5000. that's the bottom limit for the long term trend.
One more thing that might argue the opposite: BTC will rise right after the Hardfork -> People will maybe trade the new...
So the current trend broke the trend BTC had since Half July. FOMO for the hardfork has kicked in hard. On the current trend, it would reach 10k before the Hardfork :O
This is not at all a prediction, I was just wondering what will happen. The price is reaching the bottom limit of its current trend, so it will be interesting to see if it will bounce or not.
In...
So this is my 3rd post in 2 days already. Just trying to understand the constant outrage in the chat and linking it to the trend. IT'S GONNA DUMP, IT"S GONNA PUMP. well, it has just been following the trendline nicely since half July. right? (despite the China Ban and the first softfork. So, will it now continue following this trend? or are we going to see some...
So after keeping my eyes on the chat and on the chart BTCUSD, I noticed a lot of people expect a dump. BTC has been roughly following the same trend for a while now (red lines) and people are expecting it to bounce of the top limit, resulting in a dump back downwards. But, taking the news into account, is there any reason to believe in a dump if there's no bad...
