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.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.