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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Crypto bottoms when we have our next "world event" similar to covid pandemic
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Poster Handle
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Anonymous Coward |
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Post Content
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bitcoin still under the 200 day moving average at 19,500$ so honestly this shouldn't be exciting anyone just yet. Under 19,500$ means exactly nothing is happening. Daily ichimoku resistance cloud is at 18,500$. So two resistances it has yet to break. Meh.
i did sell my coins after a tiny profit. just going to wait for a few days to gain clarity. not exactly interested in anything going up or down right now. too volatile for my tastes. i'm happy buying later at higher prices if it does go up.
still have not seen a single bullish harmonic pattern on any crypto and i look at dozens of them. Not one... single... bullish harmonic. If this really was the bottom? There would be a few of them. Just saying. No bullish harmonics makes me highly suspicious that there is more downside action coming.
Quoting: Mr Cheese No doubt that we're not likely in any sort of major bullish trend. The DMA 200 zone will be a big test, for sure and it wouldn't surprise me at all to see another bottom form. As before, keeping an eye on the cash flow to try and spot a reversal, but otherwise just letting the trade plan run as intended. We'll see what happens! Cheese when you said it will crash on the 13th did you mean that's when it will go up? was an old theory that has since proven wasn't going to happen. i think we're going to go up over the coming week(s) but not a lot. still expect a major crash to happen some time over the next several months. not sure right now when the crash will happen but i feel like i will know when it's starting. markets have not made bullish harmonic patterns yet so i'm not convinced this is the longterm bottom. i think we're repeating the 2001 financial crisis and i expect further financial carnage to happen... eventually. honestly markets are probably not safe to buy until 2024. if we have a bullish impuse in 2023 i think it will be short-lived. i will definitely make lots of noise on the forum when i feel markets are bottoming. i'll make a new thread about it. things just dont look good to me now.
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