Big correction is coming soon ?

[ahriyu]

I have a very bad feeling about this. Stoch RSI (daily & weekly) are very high, RSI daily as well.
There are a lot of "bullish video" on youtube, everyone seems to have $5700 or more as the target.
Short/long chart have never been that low since a long time.
In my opinion, we're going to see a big crash in a few days or week. What do you guys think ?

 

[CryptoKujira]

No idea what the market is going to do right now, and not feeling confident in either direction which is why I'm out right now on BTC and playing alts instead, with a cautious eye.

 

[fast44]

I think it will go above 6000

 

[ahriyu]

It's dumping

 

[Almighty Pull]

I think its worse than fool's gold...better burn the f*king money..WINTER IS COMING

 

[ahriyu]

https://imgur.com/a/6535LGG
Trend is broken. NVT (the most precise indicator), Stoch RSI and everything are bearish. I didnt feel it yesterday, and shorted ETH.
Altcoin will drop even more than Bitcoin imo

 

[awesomewebsites]

I will hold whatever I have at the moment.

 

[ahriyu]

I will hold whatever I have at the moment.

Good choice if you are not trading.

 

[Jwick]

The run that bitcoin had last year. That was insane. and then the drop was insane too. Cause nobody was expecting it.

If you trade with your emotions you will be loosing. Haha this is actually true.

 

[Salamouna]

I think its worse than fool's gold...better burn the f*king money..WINTER IS COMING

I see summer is coming here

 

[TelegramDominator]

It depends on how many "crimes are taking place in the world at a given time" and on the demand for money that is difficult to find it's history trail.
this could serve as a tool for assessment of for the amount of back room deals occurring in the world at this moment

 

[ahriyu]

I guess It's going to $5800-5700 to make people fomo and then crash again. NVT is never wrong

 

[Chimmy1990]

head and shoulders forming. LOL, JK. This cryptomarket doesn't give a damn about RSI. It is fomo=dumb_money=bearish/bullish_movement
Just need to be where the pigs aren't.

 

[bartosimpsonio]

The big correction was all of last year IMO.

Now banks and stock markets are listing cryptos I think it's gona explode.

 

[Metatrons Cube]

Best to devise strategies that are profitable in all conditions (flat, bull, bear) instead of trying to predict/anticipate/understand trends.

 

[Deleted member 110025]

Big correction? .. Big in crypto means 70%+ price drop > everything else is just a normal cropto-dance

so far the floor is $3k - 3.2k - and it is not assumption > market showed that btc can't fall lower (5 day average - short drops don't count).

don't stress out

 

[Scorpion Ghost]

I hav only like $300 in BTC, about $10 in LTC and about $30 in Monero. If you want me to have more come buy something from me

But ill be holding though. Holding all for now.

 

[Deleted member 110025]

I hav only like $300 in BTC, about $10 in LTC and about $30 in Monero.

.. only 1 advice > don't get tempted to exchange your btc to some promising new token

 

[Scorpion Ghost]

.. only 1 advice > don't get tempted to exchange your btc to some promising new token

Well i wasnt..

Until now..

Thanks a lot bud

 

[Deleted member 110025]

Well i wasnt..

Until now..

Thanks a lot bud

ahhh... what did you get?

a week ago I broke under pressure and took some binance coins with eth .. temptation