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RE: Market Snapshot - April 14th 2018

in #steemit7 years ago (edited)

Waiting to see if this ascending triangle from BTC 1 hour chart breaks uptrend.
It's nice to see green on most of the coins, but even though the market has crossed upwards the trending line you drew yesterday, I will not consider we are on a finally on a bull trend until we reach $10,000, still have to wait some days to see...

Screen Shot 2018-04-14 at 09.59.11.png

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Well,it nice to see that the market ain't a robot.Swervy..lets see our it turns next..

I will not consider we are on a finally on a bull trend until we reach $1000

I think you wanted to say $10,000. Yes, that will be a strong sign of a bull market.

The crossing of the downtrend channel I drew yesterday will not signify, in my opinion, a bull market per se, but only the end of the bear market. Which means we can go sideways for a while, and not necessarily up.

Yes, I meant $10,000, Thank you.
And I agree, crossing that trend line was at least a signal of potential downtrend ending. We just need to consolidate that with a few more green days :)