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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Addicted to Dip

BY: @cloudconnect | CREATED: June 5, 2018, 1:05 a.m. | VOTES: 5 | PAYOUT: $0.12 | [ VOTE ]

I'll spare you disgusting dip pictures hahah

On the long term, this major 6+ month correction is coming to an end, however, it seems we're in for another dip before it's over:
[IMAGE: https://cdn.steemitimages.com/DQmdbioYW8VZFN4TAM16ttHovBLEfivk3wfg8JbYE2SBWvp/Screenshot%202018-06-04%20at%2019.55.07.png]

We hit a regional low and came back up, and the market wasn't so confident. Look at the volume decreasing:
[IMAGE: https://cdn.steemitimages.com/DQmNgiJNChydrbWiE7PeGZxHjK5PGhtzKCmPvyCUbGYn9gL/Screenshot%202018-06-04%20at%2019.58.19.png]

6 waves later, and we aren't seeing much progression. I'm not saying it's impossible to break out tonight/in the morning, but I think a dip will happen first to account for this loss of momentum.

Lastly, we can see a couple support bases that can be used as guidelines:

[IMAGE: https://cdn.steemitimages.com/DQmdwaGMxeMKgg7mpKCeAMTZKkzZNMCG4cVvcEGFVTorh2Y/Screenshot%202018-06-04%20at%2020.00.07.png]

This information is purely educational. Enjoy at your own risk :P

TAGS: [ #bitcoin ] [ #cloudconnect ] [ #crypto ] [ #cryptocurrency ] [ #ta ]

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