RE: A reply over the crypto market...

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A reply over the crypto market...

in cryptocurrency •  7 years ago 

I think you have a very good chance of being correct with your forecast. A reversion to the mean is as characteristic of price action as anything. An overshoot is not only possible, but very common. In any event, your green line marks the ideal zone for long term entries into crypto, and most certainly the place where no-one should sell. (That of course referring to the averages themselves, or well balanced diversifies portfolios - individual tokens with that same chart pattern always carry the risk of going to zero.)

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Oh, thanks! At first I got scared, not understanding what it's happening :))

  ·  7 years ago Reveal Comment

You seem like an interesting person, how that I haven't followed you by now? Do you have any samples of code on how you interact with the blockchain? Or some open source bot, I am really curious how you do that. And it makes me more curious since it seems that everybody is able to do this kind of things except me...

@mack-bot you were flagged by a worthless gang of trolls, so, I gave you an upvote to counteract it! Enjoy!!

Thank you so much for your reply, I hope to be right and the market to find support pretty soon as it just seems it did. All the market seems to be rising again, I don't know for how much longer, but I hope this time it will be more stable :)