BTC / Dominance Uupdate
Anyhow, currently I am altcoins and btc . If this is a real trend that will continue with a btc bull break, alts are going to take a hit back down to supports. This current reversal has taking about 3 days, with quite a few fakeouts. Got caught in a couple, but we only risk 1% of our account in each trade, so losses aren't a problem.
Look to short alts pumps, and long btc dips if this trend change is real.
The Daily is even more for me with that month-long inverted played out. Also dominance daily looks like a reversal.
Watch your alts! Be careful longing them...
I stand corrected by the market. Seems dominance was bouncing, but now it's rolling over again. It just might be alts time to shine for a bit. Can't get them all right, that's why the most important part of trading is risk management. Losing is a part of trading you cannot avoid or fear. You must embrace it and learn how to manage it based on a system, and strategy that takes loss into account.
Back to the drawing board.
#TRX/Z19 Take-Profit target 1
Period: 9 Hours 37 Minutes
#LTC/Z19 Take-Profit target 1
Period: 2 Hours 11 Minutes
And I'm currently short bch. Thanks, I appreciate you.