Post
Topic
Board Speculation (Altcoins)
Re: Constant positive growth since the beginning of this year - Bullish or bearish?
by
LUCKMCFLY
on 31/03/2019, 14:36:38 UTC
Constant positive growth since the beginning of this year - Bullish or bearish? Are we going to see some action from bears again or have we really entered in a bullish territory?

In my personal opinion, I am based on the study of the market by Wyckoff's theory, and due to this high volatility it is due to the accumulation, it may be that in this phase there are some drops or price increases, but the important thing is that the bears and bulls will appear at any time, because this stage is ideal only to buy and hold, some bears make their movements and some operators take advantage to buy cheaper and continue to keep, the bulls always seek to obtain gains in their movements, it is classic to see fight between bears and bulls in the market.

I think the trend for this year will be more bullish because operators are going to look for higher levels of supply to buy, since at low prices there is no floating offer, everyone wants to sell at higher prices.