Hello all,
Here was the chart of yesterday :
Here is the current chart :
Yesterday I was saying you : "In the case of a break of that support line, the drop should accelerate... ". This is exactly what happened !
We should now have a little bounce to consolidate that drop. We should go touch the MMA13 before a possible continuation. When you have this kind of big move, you have a high probablitily to have a second move and sometimes even a 3rd move in the same direction. These moves are called continuation. So yeah, I think the drop is not yet finished my friends...
I wish you massive profits,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
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going up now but not for long
Do you think the news about Upbit has anything to do with it? I'm scared of the down trend. It may be temporary.
I agree. The drop will continue. Bears are in control.
I don't think so. I agree it is a news related short correction (upbit seized). But it's only my opinion.
One of the things I did when I noticed this deep was coming earlier this week was to convert all my alts to btc and hodl. It is better that way than silently observing red on my alts.
You guessed well.. So what do you think after drop? Do you think that it will go up?
Drop Drop Drop!....:)...
https://steemit.com/cryptocurrency/@jorgebgt/cryptocurrencies-drop-bajon-de-las-criptomonedas
All i have to says is...ouch!
Seems we're not over yet with this down trend, and momentum is huge indeed...