Post
Topic
Board Altcoin Discussion
Re: how you see this sudden Green Trend
by
askmecrypto
on 23/07/2018, 19:54:30 UTC
I am seeing this also another bull trap. this is also for temporary purpose. do not invest in the edge/highest peak that will the stupidest work. observe the market.

i am holder so i always refrain from day trading. how about your view this green signal ?

Usually such green trends are the effect of positive market sentiments. With BTC ETF licensing coming close with more positiveness these sudden small pumps are obvious.
People buy and sell the news and thats what is happening.
However, we are in that time of year where the volume builds up for consolidation and next to that is what we see the bull run. I hope this is the same.
Again, I will agree to the point of not investing on peaks, consolidate when the market is low, if you are not holding long, sell when market goes green and consolidate again during next red.