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BTC - Trend reversal? - Maybe the end of this parabolic move Hello guys, I wanted to share my idea about the future of the crypto market. We have had huge volume in the past few weeks. This climax is not seen on the Bitcoin charts. Maybe bc of the shared volume in all different exchanges. There is a wisdom in trading: Volume never lies! This not means it is over at all, but for this trend, we have a reversal. It is time to take profit and enjoy life. Have a good time. Some facts about climax (source investopedia): -A climax occurs at the end of a bull or bear market cycle and is characterized by escalated trading volume and sharp price movements. -Climaxes are usually preceded by extreme sentiment readings, either excessive euphoria at market peaks, or excessive pessimism at market bottoms. -Essentially, climaxes are a result of supply and demand factors.
CRYPTOCAP:TOTALShort
by pwnXBT
7
Money and More Money On Crypto MarketHello Traders I heard many people talking about the crypto market crash. Well, this chart alone is showing that more people investing their money into cryptocurrencies every day. About the analysis. The chart is currently is on a big dynamic channel and has broken a triangle from above. Pullback happened, and I'm expecting alt season to come. ------------------------------------------------------------------------ What is your opinion? Comment below. If you like the idea, please hit the like button and subscribe to the profile to not miss my updates. The information given is never financial advice. Always do your research too. Goodluck.
CRYPTOCAP:TOTALLong
by Crypto_MD
9