Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: MOProgress on December 23, 2018, 07:23:04 AM
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We have been on the red trend for months and we have been waiting, the bears really made everyone almost loose their faith, but in this recent green lighting is no doubt a sign of the coming of the bulls.
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Market hasnt been any encouraging though but that does not deny the bull of its coming. Market will be great soon
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Lets see its early to say its a bull sign but overall market is start rising that's a good indication and we all are expecting this move will continue. Today we have notice a huge movement in ethereum I believe it will revive some new projects as well.
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Bulls can be determined from decline. After crash green will come in cryptocurrency area as long as bitcoin and other potential altcoins. The dead of bitcoin will bring disasters in the market as still in the shock.
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I also expect it is the sign for the real bullrun but I don't want to claim it too early. We need to see this green market for the next few days. If it is the real bullrun, then the prices of cryptos will rise higher later on.
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I'm not convinced of a bull run yet, despite all the green. A re-test of $4,000 was almost inevitable, but unless the prices goes above $4,160 as well as $4,350, then it will likely be another dead cat bounce followed by more doom and gloom unfortunately. Possible sideways trading if the volatility subsides.
Nonetheless, I'm keeping an eye on $3,650-$3,750 to see if a inverse bullish head & shoulders pattern form, but that's really the last hope in my opinion.