We just broke 4hr bullish support zone. With my bitcoin long, I have to hedge against myself.
Now loopring has done 785.90% profit in 13days. We have never gone into the bearish control zone .
Conclusion : If i was up 785% on a altcoin with bitcoin making a 1 month low. Even with a dip in bitcoin of 50%. I would still be more than 350% in profit if i buy bitcoin now.
Now loopring has done 785.90% profit in 13days. We have never gone into the bearish control zone .
Conclusion : If i was up 785% on a altcoin with bitcoin making a 1 month low. Even with a dip in bitcoin of 50%. I would still be more than 350% in profit if i buy bitcoin now.
Trade active:
Instead of going all in bitcoin. If i also short lrc, I will have funds available to buy the dip if bitcoin goes even lower.
Trade active:
lets see if bulls can trade above there
Comment:
point of resistance
Trade closed: stop reached