jamiecassels

Beware the rising ADX SHORT LTCBTC

Short
POLONIEX:LTCBTC   Litecoin / Bitcoin
I want to believe this is a bottom at .01 but something doesn't feel right. RSI and Stochastic show a series of lower highers and lows, while ADX is expanding rapidly with DI- leading the way. I posted a long time ago there may be a capitulation move in the works, and it still looks that way. I see thin trading to .004 and it may come fast. I was buying below .01 but I'm selling now, this BTC run is just too insane, there's 2 forks in the next month planned, and I don't think alts have bottomed yet so for now LONG BTC, SHORT EVERYTHING ELSE. Good luck.

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