Crypto's Pump and Dump ("bubble") VS Dot Com
Sucker's Rally in BTC most likely over.
We should experience sideways/downward price action for several months, to shake off anyone who gained belief.
It is possible that the altcoins that will survive will begin to pop here, vaulting towards their "Sucker's Rally" peaks.
My list of these alts is ever-evolving, based on their resilience to the falling knife.
ETH, XMR, XRP, ETC, LTC, BCH and ZEC are the current longs (small positions), with tight stops.
I'm seeing a lot of alt bears, but some alt bulls still exist, which is very disconcerting, hence the tight stops.
I generally hate stops, due to market maker wicks.
We should experience sideways/downward price action for several months, to shake off anyone who gained belief.
It is possible that the altcoins that will survive will begin to pop here, vaulting towards their "Sucker's Rally" peaks.
My list of these alts is ever-evolving, based on their resilience to the falling knife.
ETH, XMR, XRP, ETC, LTC, BCH and ZEC are the current longs (small positions), with tight stops.
I'm seeing a lot of alt bears, but some alt bulls still exist, which is very disconcerting, hence the tight stops.
I generally hate stops, due to market maker wicks.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.