Im wondering how to assess pump exhaustion from chart/price action, and predict its end in advance (0.5-1 minute is ok ) :] is that possible at all?
From what i saw in the past so far it can be mess, some are still buying while others are dumping..
From what i saw in the past so far it can be mess, some are still buying while others are dumping..
I don't think there is a very reliable way to predict it, and history doesn't always repeat itself. However Elwar says that in 2013 the price doubling in a week, or half a week was what preceded a crash.
In 2013 it went like this.
First bubble:
Double in a month
Double in 2 weeks
Double in 1 week
Double in half a week
Up a bit then crash
Second bubble:
Double in a month
Double in 2 weeks
Double in 1 week
Up a bit then crash
Recently we doubled in a month (1250 to 2500) but then it flattened out. That's a good thing.