NCash has held its btc value for the most part during the most recent bottom and bullish leg of BTC/USD This holding price as well as how market correlation works I like taking investment style trades ( wanna know more message me) and take some bottom fishing plays as well as what I belive to be bottoming patterns of certain alts to get easy scalps out of my funds that are sitting on the exchange that aren't involved in a trade To be clear I begain investing in ncash (>$100 usd currently ) will look to add up to triple the size on further downside or a bull breakout play just for earning free coins
similar pattern
on both look for a break with vol or a daily close then enter if it closes outside the pattern... my favorite of this type would be a close outside then a retest of old resistance/ new support entry on a continuation up from the break of the pattern
to be clear these no name alts mostly will go to zero but they also benifit from market correlation and the market imo atm is bullish and we put a bottom in.... we can still retest lows we can still go lower we can go range bounce for months anything possible but what is atm is a retracement after a 40% increase in total market cap
on both look for a break with vol or a daily close then enter if it closes outside the pattern... my favorite of this type would be a close outside then a retest of old resistance/ new support entry on a continuation up from the break of the pattern
to be clear these no name alts mostly will go to zero but they also benifit from market correlation and the market imo atm is bullish and we put a bottom in.... we can still retest lows we can still go lower we can go range bounce for months anything possible but what is atm is a retracement after a 40% increase in total market cap