Post
Topic
Board Altcoin Discussion
Re: When will be bearish market over??
by
tabas
on 13/06/2021, 08:48:55 UTC
In recent  previous days we had explore and observe market, and in the end we got that market are moving like zigzag mean its constantly moving in small zone , without going too upward or too downward. What's the reason behind it??
I am unhappy because it didn't even show any green signal.
So can any told me his opinion about this situation of market. Because I am tired of this😥😥
Wait for it. The market became oversold and that's why it has to correct and priced in at the correct pricing. If you're unhappy with what's happening you should go elsewhere and don't look at the market for the meantime.
That's going to help you recover with what you're feeling because there's nothing we can do with it. But to wait until you see the greens that you like to see.
The current scenario of the market is very difficult in the part of the scalpers and day traders because TA and other chart analysis are not really applicable and reliable in this type of moments. That's why being one of the day trader, I can consider this season as my rest or off season in trading. Otherwise it is stressful looking at the market right now.
TA or any type of analysis can mostly accurate but there are also times that they weren't. That lies on how you read the market and how you look at the charts.
There are indicators that you must also combine to tell if they're helpful or not. Like the good and bad news which signifies what you must do and if it's actually going to make the market's trend change.