Quote from: pooya87 on December 05, 2019, 04:49:01 AM

Quote from: DayTrader27 on December 04, 2019, 07:49:17 AM

until the end of the month?

whenever there is this type of weird movements where price suddenly drops hard from a strong buy support and then stays below it, speculation becomes increasingly difficult specially for such a short term as less than a month. not to mention that the month is the last month of the year and although there is no rule for it, when we get closer to end of the year market activities decrease. so i don't guess we can expect much from the market. price will probably stay in the current range meaning from $7k to $8k and not move until mid January at least.

I personally can't expecting much from the current market condition ... it's clearly shows how the market tend to go down under pressure as a bearish signal.
$8,000 at tops and $6,000 is the support.
I'm going to buy more at the $6,000 (if happens) and for now just chilling out , watch people getting panic as the market turns unclear after some good price spikes broken by this bear signal popping up recently.

My view : if the majority bear just like right now then I'm bull against them! If the majority thinks bull , I'm bear ! That's how I made a bit profit through some trades.