I thought I should quickly talk about alt coins to let you know that a few alts are now coming to a point of a huge downtrend or huge uptrend.
I'm just using NEO as an example, but I am seeing a pattern form across major altcoins, typically I am seeing that there is a triangle/wedge formation.
So what the hell do we do? I never enter a trade without confirmation. There is huge confluence with BTC rising and alts continuing to fall. This will either reverse or alts will fall even harder! If I see a reversal over the next few days, I will be looking at switching BTC for some alts to further diversify my portfolio. Or if a downtrend begins, I will look at further strengthening my BTC position.
PLEASE LEAVE A COMMENT BELOW TO LET ME KNOW IF YOU THINK ALTS WILL START TO BLAST TO THE MOON OR CRUSH INTO THE EARTHS CRUST!!!
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.