Why we still seeing RED in cryptocurrency market? Find the answer in the post!

in cryptocurrency •  7 years ago 

Almost a month ago I made and shared analysis of total cryptocurrency market with topic "RED COLOR IS COMING BACK IN CRYPTO MARKET!". Here is the link: https://steemit.com/cryptocurrency/@andriustovis/red-color-is-coming-back-in-crypto-market

I have to admit that I wasn't correct by 100% as (x) wave climbed bit higher than I was expecting and broke out of channel (one more prove that trend lines are nothing more but just an indication). However bigger picture hasn't changed so today I decided to make an update on this chart and answer to all of YOU the question in the topic:

Smaller time frame chart:

Lots of people are saying, that nobody can predict the market and history doesn't mean the future! If so, then YOU shouldn't invest money in any financial assets, other wise, you'll lose it!"

I spent more than 4 years learning to understand the charts and predict the market. All of you can see the results, so don't say it's impossible! Education is all we need :)

Please share this post, it may reduce the FUD in the market!!!

Your crypto_analyst
@andriustovis

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Hi Andriustovis. Had to change my name as got locked out of my account. Cryptojmagic here now cryptoandcoffee. Will have your back and you were right to write what you did.

Glad to see you back here :)

I always appreciate your post! keep it up! - from South Korea

I hope spring will bring back a reversal movement, the market is boring since January ;)

Fully agree! But thats the nature of big corrections, it takes long time and lot of FUD:(

It is nice time for vacation. 😉

How much longer do you feel the correction is going to last for? End of March, April......

I see it untill March, but April should show more green:)