PIVX / Bitcoin
Éducation

New Strategy: Leverage short the alt pamps

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Instead of chasing out the alt pamps, I am going to chart some potential counter trades.

The blue line, would be more ideal, as there's less risk, and more potential for profit as the price is ~5% higher than it is now.

The yellow line, would be a breakdown of the current support, wait for re-test, and then enter taking profit as price hits the next support level.

Yellow line seems more likely.

These are just thoughts, and I will not be trading this but I want to make observation of the outcome still.

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