WyckoffMode

More Thoughts Regarding Accumulating Bitcoin w/Altcoin Pairs.

WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
If you are currently trading Altcoins that are traded in BOTH USDT and BTC, be careful if you are trading that Altcoin in Bitcoin. The Composite Groups will use this opportunity to accumulate more bitcoin with the Altcoin/Bitcoin pairs. Especially, those Altcoins traded in BOTH USDT and BTC. The ENERGY in Godmode indicator for many Altcoin/Bitcoin pairs is very near exhaustion in the 3-Day TF. This is another reason WHY I believe the bottom may likely be in the bag for Bitcoin/USD.

If you are currently in LINK, don't allow "greed" to control your trading. "See the value in a trade; NOT a preconceived value of a coin." If the indicators are indicating it's time to implement a trade, then do so. Do not allow some preconceived price keep you from making that trade. Because it may often not achieve the price you are hoping for.
Comment:
Sharing something in the Daily before I get a bite to eat.


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