Major Correction on its way !

[Cryptorwellian]

Have been running my midterm predicting market modeling oscillators for about 3 hours now (i do some stuff in Python and R)

and it clearly shows a major correction downward is on its way

Anyone else doing some stat calc here?

[bhadz]

Haven't we been in a major correction last time? do you really think that the pump that happened lately is the expected bull run? I don't think that's really a bull and a major correction you say? how big is going to be that major correction? higher than 2018's which will lead the market to go down by more than 85%? But if ever you are correct, there's also a way to counter that situation, how? by using it as an advantage and start buying while the market is on correction again.

[kingpin4321]

I would advice you direct your efforts to something more profitable there is nothing direct in market prediction it always a failed attempt and this would only create FUD and panic in the cryptocurrency world

[Zidan Bst]

I see it is yes.The market getting correction slowly.
I believe in this year , the cryptocurrency market will close the bearish trend.

[bttmember]

I do not know what you mean by correction here if you mean reversal then it is yet to be seen because markets have been trading in ranges for many weeks perhaps months so for me clear indication of reversal will be when btc breaks above 4500 and 5000 and then finally 6500.

[Malam90]

I see it is yes.The market getting correction slowly.
I believe in this year , the cryptocurrency market will close the bearish trend.

I suppor this believe. Gradually this bearish trend is vanishing from the crypto markets as we have seen from the last two months. Altcoins are now getting recovery, that's good sign and investors are becoming active.

[Psynthax]

Have been running my midterm predicting market modeling oscillators for about 3 hours now (i do some stuff in Python and R)

and it clearly shows a major correction downward is on its way

Anyone else doing some stat calc here?

Im not with you, in this case.  i thought that it's not clear where the market will go because so many experts have been doing a lot of prediction but they are all wrong about that. It should be a little correction and it will not a big correction.

[wuvdoll]

There is nothing as a major correction coming to the market anymore or are you a newbie in crypto and don't know we have already experienced a major correction in the price of crypto all through the year 2018 and you still talk of major correction, do you want the price of bitcoin get to $1 or what, I think this is a FUD and should be avoided and ignored because we are not seeing anymore corrections than what we have already seen in the market, rather we are going to see a bull run in price soonest.

it clearly shows a major correction downward is on its way

This is not a right way to test in real market by spreading FUDs to this community. It is likely, to make your predictions true, you are enforcing this community to sell off so that a correction will occur.

[BADBITCH]

Have been running my midterm predicting market modeling oscillators for about 3 hours now (i do some stuff in Python and R)

and it clearly shows a major correction downward is on its way

Anyone else doing some stat calc here?

Lol
All what we have witnessed so far has been a dump after the other
And different types of pumps too

Which means there has not been any correction
The only correction is existent when there is balanced market volume

[CryptoInsights]

Have been running my midterm predicting market modeling oscillators for about 3 hours now (i do some stuff in Python and R)

and it clearly shows a major correction downward is on its way

Anyone else doing some stat calc here?

Past few days/weeks the price is testing to $4200 resistance. Until this resistance level is broken I think the correction will downward only.

[Nadziratel]

Bitcoin has so far involved 4 major corrections, including when we are in now. And this correction we're experiencing right now maybe the biggest correction we've ever seen.

[ethereumhunter]

It just for bitcoin or for the most altcoin especially for the top 10-20? I will check it later, and I hope that I don't find anything negative with the chart. And if somehow, I see the trend was going to down, then maybe it's a correction for a while, and then after it's finished, the price will increase again. But I don't have a hope to see the major correction it's on the way because I want to see the bull market will come.

[rjp55]

Correction?

After dropping %90 it raised like %5 and you are waiting for correction?

It will continue of the dump not a correction if it happens.

[mrdeposit]

Have been running my midterm predicting market modeling oscillators for about 3 hours now (i do some stuff in Python and R)

and it clearly shows a major correction downward is on its way

Anyone else doing some stat calc here?

Im not with you, in this case.  i thought that it's not clear where the market will go because so many experts have been doing a lot of prediction but they are all wrong about that. It should be a little correction and it will not a big correction.

We can not get a result from the analysis. There is no indicator that can analyze the price for a long term. Perhaps fundamental analysis may be more logical, but does not look any innovation. Any expert's idea are at the same level with ours, perhaps they are in this market for a long time, but the market itself is new.

[Indrawan77]

I think there will be a correction but not a major one, if the major correction happen again bitcoin could suffer a huge damage, it could be dangerous for all coins, and the chart does show that the support still quite weak, but I don't think it could cause the huge falling, but the price is depend on the trend and the market, oscillator or indicators maybe useful but not always correct

[LUCKMCFLY]

Looking at the graph, you see a small correction, but it is not such a sharp correction. If a temporal analysis is made to Days, very little correction is seen.

If the intention was to lower the price, I think it would have happened with a wide range candle, and with a very large volume, maybe they will try higher price levels, to test the offer, as the reference of the theory of Wyckoff, however, It would be prudent to wait a little longer, could be generating a small area of ​​liquidity and stabilization with lateralization at the level of $ 4k.

This represents a buying opportunity for investors and speculators, since $ 4k represents an area of ​​opportunity that can look for the first bullish option to reach $ 4.2k, based on a technical analysis with a floor of $ 3.9k, and that in $ 4.2 k there is a small roof that has touched but that could not be broken. And if we put it in context with some teachings based on Jesse Livermore, it shows that at this level of $ 4.2K is a trend line that can be overcome with one of the principles of Wyckoff called the Law of Effort and Outcome.

[CryptoLogo]

Maybe I don't know much about such predictions, but I think that it is just a lottery. I often read such messages, but in reality everything happens completely differently.

[semobo]

We faced the correction stage for more than one year so it is still coming?

I didn't see any downtrend with the current market condition because the prices were moving upwards slowly.

[Caladonian]

We faced the orrection stage for more than one year so it is still coming?

I didn't see any downtrend with the current market condition because the prices were moving upwards slowly.

We can't say what tomorrow will bring inside this industry, the market is so wild though you are correct we already facing corrections back 2018 and with how the market behaves right now, we are trying to stand this ground, not sure if how will this corrections be move but I still believe that reversal between bear and bull is near, maybe the last fall will be followed by a huge bull to run much stronger and lift everything up.

[aprilnot]

Correction?

After dropping %90 it raised like %5 and you are waiting for correction?

It will continue of the dump not a correction if it happens.

yes you are right, if indeed the market stops rising. it's not a correction but the dump continues to a more severe level ...
maybe he only saw a chart from a few months ago, if he saw the whole chart, I don't think OP would write this thread.