The_Altcoin_Trade
Short

ADA rolling over = BTC rolling over 1D

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bulls have failed to sustain their push especially with the alts running out of steam. I'm mainly trading off of the Daily & Weekly and we haven't had a retest of our Weekly low around $6850.
Bear volume is slowly increasing and a lot of the lead alts are starting to bleed.
ADA pumped hard which led the last "real" push towards $10k (It was May 27th, check the daily for each) and it's the first to rollover.
I do have a short position.

Checkout that nasty RSI lol

Non-crypto: Money is going into stocks for the time being. I personally have seen lots of posts about that on social media from associates.
Comment: There we go. Probably going to see a bounce around $9500 but I'm going to hold onto my position until the Daily and/or the Weekly RSI is around 25-15
Comment: *$8500

Comments

Good idea
Reply
@VincePrince, Yup, just in time for the fall.
+1 Reply
VincePrince The_Altcoin_Trade
@The_Altcoin_Trade, Right buddy! All the best
Reply
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