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

Cryptocurrency going for a double bottom

BY: @nos1992 | CREATED: Feb. 21, 2018, 9:40 p.m. | VOTES: 0 | PAYOUT: $0.00 | [ VOTE ]

I think after such a big crash in the cryptocurrency markets a straight bullish run is not possible. In my opinion we will recover from this crash, but after we made a double bottom, or tripple bottom with a increase of trading volume.

I can imagine a scenario like this:
What do you think.

[IMAGE: https://steemitimages.com/DQmaif6BHxiGjECZgVLpbf3A68V48oXckap8fC1SmPgP9U7/rev.png]

This is no financial advice only my personal opinion.

TAGS: [ #bitcoin ] [ #cryptocurrency ] [ #money ] [ #analysis ] [ #technical ]

Replies

@freedomshift | Feb. 21, 2018, 9:49 p.m. | Votes: 0 | [ VOTE ]

I think that is possible or even likely and if it happens, it could be the low for quite some time or ever!
Buy if that happens.
But - see my 7 rules first:

https://steemit.com/trading-rules/@freedomshift/7-rules-for-trading-investing-hodl-virtual-assets-aka-crypto-currencies

@nos1992 | Feb. 22, 2018, 9:59 p.m. | Votes: 0 | [ VOTE ]

hey thats true... i think we gonna see a pull back, marketcap excluding bitcoin will go to 200Billion after that finding support, bouncing back up and breaking out of the downward channel it is.. thats what I think

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