Where's the bottom well?

[rodskee]

Well there alot of people asking on same questions like your
All are confused what is the bottom price down of all coins
If bitcoin reach the 3000$ bottom price drops according from the speculation all altcoin follow to drops
Crypto currency is unpredictable currency just stay and wait this excited risk in our tading job

[1714736121]

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[1714736121]

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[1714736121]

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[yanto@1977]

And now? You know I have some years of experience with stocks in the Brazilian asset market. I have tried graphically to find the end of this market low and seller but bao y in a logic equal to the stock market. Could someone explain me a way to understand the graphic signals for the crypto market? Is there any setup for bitclin, ethereum and other assets? Thank you friends.

Actually you already have basic knowledge and indicator is the right tools to know everything you need to run your strategy. Understand your indicator because they always follow market but depend your setting and psychology to take decisions. Crypto only use one way direction not same with forex or stock but they have similar pattern.

[maydna]

It is difficult to find the bottom of the bitcoin price because the price can go lower than we predict. But maybe we can make some prediction about where is the lower price, but we cannot predict with the right because the price will depend on the situations in the market itself and how the trader will react with the price. Bitcoin trading was different than stock trading, and we cannot depend on the technical analysis and fundamental analysis but that both analyses can be our guide to predict where the trend will go.

[Kiweikoo]

And now? You know I have some years of experience with stocks in the Brazilian asset market. I have tried graphically to find the end of this market low and seller but bao y in a logic equal to the stock market. Could someone explain me a way to understand the graphic signals for the crypto market? Is there any setup for bitclin, ethereum and other assets? Thank you friends.

Spotting the bottom of Bitcoin is a very difficult thing to do, a lot of people has failed trying to spot what would be the bottom this year. All of them I’ve seen so far were wrong. Anytime you think the market has reached the bottom, within few weeks or so, it sinks more.

Just like when the price was at $6k and a lot of people were believing that was the bottom price but at last that wasn’t the bottom, price still dropped to $3.5k.

[scanderpot]

TKS for help. Graphically btc has already opened purchase for trend reversal. But as I've learned, the market does not resemble the traditional stock market. There are whales and manipulations that make this unregulated market something different. I bet on more downturns until there is good and shocking news to reverse this bear market.

[proTECH77]

The bottom cannot be determine at this moment because the market keep growing into dip and thereby leaving no chance to determine it bottom well. It looks possibly that, the year 2018 will not be favorable to cryptocurrency communities. Things are very difficult to read out since the beginning of this year, hopefully that, year 2019 will consolidate the year 2018 loses incur by various degree of investors. 

[leavolnhals]

And now? You know I have some years of experience with stocks in the Brazilian asset market. I have tried graphically to find the end of this market low and seller but bao y in a logic equal to the stock market. Could someone explain me a way to understand the graphic signals for the crypto market? Is there any setup for bitclin, ethereum and other assets? Thank you friends.

Our crypto market is not like the stock market. Our market is considered a market manipulated by so many people. Therefore, technical analysis will not be effective in this market. We can only rely on luck to make money.

[hermankoles]

many say that fundamental analysis affects the change in crypto prices by up to 60% and I think it's true. news and FUD will continue to create the latest fluctuations in crypto and if you are familiar with this trend it is not difficult for you to trade plus the technical analysis you already have

[Idrisu]

I think you have to used price action in other to understand were bitcoin is at the moment.  Bitcoin current situation can be likened to it position in 2013 and I think we should trying to find were the bottom was in 2013 and 2014 in other to unravel the state of the market.

[Indrawan77]

There is a different between crypto and stock market, the analysis used in stock market maybe won't be effective in crypto, in crypto its hard to detect the bottom because its decentralised market, people usually sell or buy depend on the trend and news there are no economic or politics news that affect the movement, its people that moved the price

[Yatsan]

Well there alot of people asking on same questions like your
All are confused what is the bottom price down of all coins
If bitcoin reach the 3000$ bottom price drops according from the speculation all altcoin follow to drops
Crypto currency is unpredictable currency just stay and wait this excited risk in our tading job

The term bottom is not right to fit in on this kind of industry since the price is volatile and prices are going ups and downs. And therefore there is an infinite movement of price on the market due to non stop speculation on prices which influences others to do so. Even the price goes $1 that is not the bottom but its the huge preparation, remeber bitcoin is the most powerful coin created.