RE: STEEM Update: Zig Zag (5,3,5) & MACD Approaching Oversold

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STEEM Update: Zig Zag (5,3,5) & MACD Approaching Oversold

in steem •  7 years ago 

Not necessarily FUD, but no need for panic selling. The market will bounce back...

https://steemit.com/crypto/@paladinav/bitcoin-skids-on-news-south-korea-prepares-to-ban-cryptocurrency-trade

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I'm also waiting for China to enter.

Guys if youre online at night use that case for you.

Ive got 9600 BTS now from starting 7600 2 days ago.

Pretty predictable dip everyday.

Kkkk

One thought on the BTS correction. The volume is a little iffy, but I have bought plenty of the dip since it began myself. Think I am done buying on the particular dip.. hopefully this triangle rings true. Not that confident. Bottom could very well be in though.

I've got another count!
Price is constantly bouncing off the 50% Fib Line of the gains since 0.13$, even at those hard dips at night.
I'll have a close look at MACD today and if it turns badly at one point ill sell to get another bunch of BTS later.
Enjoy your day

Oh and buddy do yourself a favor and use 4h Chart on corrections on a higher trend

This is how I see it now.

You found the very same piece of irresponsible journalism that I was referencing... how unfortunate. Linking to a place that links garbage like that is bad for everyone. As someone who is in the media industry I am embarrassed.