Earlier I took and posted a short trade on Ethereum 
ETHUSD. As the trade plays out and I watch other cryptocurrencies in the market there is an interesting divergence. Ethereum is selling off but it remains one of the stronger cryptocurrencies in this pullback by holding its gains. 
BTCUSD has retraced the full 50% of yesterday's rally. Cryptocurrencies like Dogecoin 
DOGEUSDLONGS are clearly weaker failing to hold the Retracement. Meanwhile some are stronger in the short term like Monero 
XMRUSD which have gone on to break the rally high.
A good principle is buy strength and sell weakness. This puts you in line with the trend. I would advise checking how your favorite cryptocurrency is handling today's price action.
ETHUSD. As the trade plays out and I watch other cryptocurrencies in the market there is an interesting divergence. Ethereum is selling off but it remains one of the stronger cryptocurrencies in this pullback by holding its gains. BTCUSD has retraced the full 50% of yesterday's rally. Cryptocurrencies like Dogecoin DOGEUSDLONGS are clearly weaker failing to hold the Retracement. Meanwhile some are stronger in the short term like Monero XMRUSD which have gone on to break the rally high.A good principle is buy strength and sell weakness. This puts you in line with the trend. I would advise checking how your favorite cryptocurrency is handling today's price action.
"Be to others the person you needed to meet 10 years ago"
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Penerbitan berkaitan
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.
"Be to others the person you needed to meet 10 years ago"
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Penerbitan berkaitan
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.