Post
Topic
Board Trading Discussion
Re: Bull or bull trap
by
TheUltraElite
on 17/05/2019, 04:01:04 UTC
Its a small correction and the price is still coming back to $8k level, so there’s no need to panic. Don’t sell if this is your emotion, sell if its your target price. I still see a bull trend and not a bull trap anymore, we can have lots of profit if we do wait and hold.
There was a big drop that happened today more than 10% price change in the the prices of all coins. I am guessing this was the the correction that was supposed to happen after this bull trend. It was evident that the market was getting inflated by manipulation means or just something that we are not aware of yet, but a drop was coming.

If the growth was organic then the bulls should push back the bears and recover.