This is the Bear season, with the resistances and supports that followed.
Coinamic
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@lemosedmirf, that´s ichimoku indicator. To have a confirmed uptrend, the price should be on top of the cloud (red and green shades) and also some other lines that @lomosedmirf deleted have a big rol in the confirmation. So far we are still in a bear season.
MovingWater
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@babyjungle, good call. thanks
Coinamic
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@lemosedmirf, you´r welcome. I´m giving a sell signal until at least tomorrow 8am UTC. Let´s see what happens.
xuanhaimmoer
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samiswilf
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How do you know now is the best price? How do you know it won't go down again. You might give reasons why you think it won't, but how do you know btc won't act contrary to your reasons?
MovingWater
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@samiswilf, I don't think now is the best time, that is why I said, hold it, bear season is almost done. So it is not done yet. For more information about the reasons, you can check related charts bellow. thanks
samiswilf
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@lemosedmirf, whoops I misread you. My apologize.
samiswilf
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How do you know the correlations you rely on aren't artificially created and the whales won't say the hell with doing it like we did in the past, we'll do something erratic