Post
Topic
Board Speculation (Altcoins)
Re: AND YET ANOTHER FALL; A dip or A dump.
by
Woodie
on 27/08/2021, 09:35:44 UTC
Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.
Btw If you look at a chart you will never see it having only one kind of pattern like in this case bullish candles only.
Market Price has to move in such a way that it builds momentum going up so in simple terms  price has to sell(dip briefly not dump) before the major move going up,sometimes it manipulation at play to take out any liquidity at the bottom before it goes up which can be mistaken for a dump.