Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: Tilbrook007 on July 20, 2018, 04:52:35 AM



Title: High RSI equals stalemate!
Post by: Tilbrook007 on July 20, 2018, 04:52:35 AM
With no correction and sideways movement there is FEAR: The Alts are going no where and Bitcoin is dead in the water since the pump: in addition if the ETF is not approved OMG!
Very dangerous trading conditions
Just being honest!


Title: Re: High RSI equals stalemate!
Post by: hall16 on July 20, 2018, 05:02:14 AM
Best to just wait and see. In the meantime, HODL!


Title: Re: High RSI equals stalemate!
Post by: Tilbrook007 on July 20, 2018, 05:08:36 AM
Best to just wait and see. In the meantime, HODL!

I think that is the general attitude.
Whoever did the pump is holding: I think: but they need to sell some BTC and push the price down to 7100 approx and then watch and buy in again causing a bull run.
Some say the pump was to save long positions on the futures and therefore they might keep their position: take profit from the futures and then sell creating a misery on a grand scale.


Title: Re: High RSI equals stalemate!
Post by: mummybtc on July 20, 2018, 06:41:34 AM
With no correction and sideways movement there is FEAR: The Alts are going no where and Bitcoin is dead in the water since the pump: in addition if the ETF is not approved OMG!
Very dangerous trading conditions
Just being honest!

I don't know how some people think. How do you think the market move, so you expect the price to just keep pumping without any sideway movement, there are alot of barriers that need to be broken, for me I think we have hit the bottom, it is just left for you to see the big picture because we are not reaching ATH tomorrow


Title: Re: High RSI equals stalemate!
Post by: bobo012 on July 20, 2018, 09:08:24 AM
With no correction and sideways movement there is FEAR: The Alts are going no where and Bitcoin is dead in the water since the pump: in addition if the ETF is not approved OMG!
Very dangerous trading conditions
Just being honest!

I am not concerned, and you know why is that? Because i am a HODLER and am not in the game for short term movements in the price. I of course support those who trade on short time frames, but again as we can see from your post it is nerve breaking