Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. Cryptocurrencies
  3. General Cryptocurrency Discussion
  4. How to determine the down trend crypto

How to determine the down trend crypto

Discussion started on General Cryptocurrency Discussion

Print
Pages: [1] 2 3   Go Down

Noviarini

As a first-time investor in any cryptocurrency, you need to consider the volatility of the market as well as the possibility that you could lose everything you invest.

How do you see the downtrend price in investment crypto?

Linkback: https://www.forex.zone/general-cryptocurrency-discussion/32/how-to-determine-the-down-trend-crypto/1212/
#1 - February 10, 2019, 05:52:57 AM

kholilur rohman

  • Newbie
  • Posts: 38
  • Points: 0
  • Likes Received: 7
  • Reputation: +0/-0
Quote from: Noviarini on February 10, 2019, 05:52:57 AM
As a first-time investor in any cryptocurrency, you need to consider the volatility of the market as well as the possibility that you could lose everything you invest.

How do you see the downtrend price in investment crypto?
#2 - February 10, 2019, 06:19:57 AM

rafid

  • Full Member
  • Posts: 155
  • Points: 212
  • Likes Received: 25
  • Reputation: +1/-0
from my analysis, the price already broke the major support now, from this i have 2 views, first, crypto will have long terms downtrend for years and the second the price will make consolidation for years, thats my opinion
#3 - February 10, 2019, 02:53:00 PM

Purple

  • Full Member
  • Posts: 177
  • Points: 0
  • Likes Received: 16
  • Reputation: +3/-3
I don't understand about this market ... I'm just a user and not a trading ... maybe someone can help clarify this market sorry i can't help much
#4 - February 10, 2019, 02:56:25 PM

Lordmishi

  • Sr. Member
  • Posts: 267
  • Points: 0
  • Likes Received: 41
  • Reputation: +1/-0
Quote from: Purple on February 10, 2019, 02:56:25 PM
I don't understand about this market ... I'm just a user and not a trading ... maybe someone can help clarify this market sorry i can't help much
Haha so you use coin for like transfer money and other thing? Maybe not all who know about crypto is trader. And transfer money with crypto is very fast and cheap too.

Anyway, my analysis for crypto is the downtrend still continue until the end of 2019 and maybe bitcoin will rise a bit at the beginning of 2020. Because the track record of bitcoin it self always folloe the pattern
#5 - February 11, 2019, 05:59:27 AM

007fx

  • Newbie
  • Posts: 46
  • Points: 0
  • Likes Received: 4
  • Reputation: +2/-0
Quote from: Noviarini on February 10, 2019, 05:52:57 AM
As a first-time investor in any cryptocurrency, you need to consider the volatility of the market as well as the possibility that you could lose everything you invest.

How do you see the downtrend price in investment crypto?
I happen to be very interested in crypto and know crypto a few years, to see how crypto is increasing, we can visit several crypto sites. from starting the crypto ICO site. until the crypto news site, there are over 1500 crypto available, we can see that cypto will increase in price and it will even be a scam ...
#6 - February 11, 2019, 06:15:29 AM

widido

  • Starter
  • Posts: 9
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Quote from: Noviarini on February 10, 2019, 05:52:57 AM
As a first-time investor in any cryptocurrency, you need to consider the volatility of the market as well as the possibility that you could lose everything you invest.

How do you see the downtrend price in investment crypto?
the trend in crypto according to me is very clear, when the price falls it will form a strong trend different from the upward trend which is sometimes slow
#7 - May 23, 2019, 08:09:28 AM

jihan fahira

  • Starter
  • Posts: 9
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Quote from: widido on May 23, 2019, 08:09:28 AM
the trend in crypto according to me is very clear, when the price falls it will form a strong trend different from the upward trend which is sometimes slow
I agree with you sir, from my observations it is also like that.
#8 - May 23, 2019, 08:14:42 AM

widido

  • Starter
  • Posts: 9
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Quote from: jihan fahira on May 23, 2019, 08:14:42 AM
I agree with you sir, from my observations it is also like that.
I only make predictions based on the technical that I use, sir,
#9 - May 23, 2019, 08:17:35 AM

rendy

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
down trend or up trend can be identified using technical indicators, but whether crypto will work or not.
#10 - May 23, 2019, 03:31:44 PM

Acewyr

  • Full Member
  • Posts: 159
  • Points: 598
  • Likes Received: 9
  • Reputation: +1/-0
crypto coin is still quite mysterious but believe that every price movement of the instrument must be influenced by supply and demand, only that and nothing else. But what is difficult is that we do not yet know that supply and demand are influenced by any factor.
#11 - February 02, 2020, 04:45:30 PM

Jamil Udin

  • Full Member
  • Posts: 115
  • Points: 109
  • Likes Received: 1
  • Reputation: +0/-0
how to determine trends in crypto in my opinion the same as determining trends in forex, it's just crypto is still difficult to analyze technically even though many people have tried it and he said it could.
#12 - February 12, 2020, 04:51:54 AM

FzFx

  • Sr. Member
  • Posts: 426
  • Points: 51533
  • Likes Received: 7
  • Reputation: +0/-0
We cannot predict with certainty the direction of movement of crypto currencies in the future because crypto currencies are not regulated, so it is difficult to ascertain the trend in the direction of the strength of the line.
#13 - October 20, 2020, 12:38:21 PM

ERSYA

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
In my opinion, to determine a trend that occurs in crypto currencies is the same as ordinary currencies such as EUR / USD, GBP / US and others. We can use trendlines, moving averages, and others
#14 - October 21, 2020, 02:11:11 AM

ariezz

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
determining or identifying the downtrend of a crypto currency can use technical analysis, but we also have to pay attention to the related fundamentals even though cryptocurrencies are not yet relevant to fundamentals.
#15 - October 21, 2020, 11:39:51 AM
Print
Pages: [1] 2 3   Go Up
  1. Forex Zone - Forex Forum
  2. Cryptocurrencies
  3. General Cryptocurrency Discussion
  4. How to determine the down trend crypto

Members:

0 Members and 1 Guest are viewing this topic.