Goodbye Altcoins ALTS - This is your ultimate death sentence! Short

Crypto Total Market Cap Excluding BTC, $CRYPTOCAP

Description

⋅ Aug 9, 2019 8:59 AM

Total2 Chart is showing a break of the channel and the 200 ema. Big picture, this could be wave 4 we were in and a wave 5 following now.

With ETH / USD looking ugly as **** a lot of money should move out of alts back into USDT/USD or BTC.

XRP / USD is also not looking good and a break of the bottom should lead us to appx. 18 cents.

Good luck to the HODLERS xD

Comments

Crypapi

⋅ Aug 9, 2019 2:02 PM

Goodbye alts? Im actually accumulating alts at these levels.

Watch out shorting, you might be able to scalp some but bigger picture is bullish.

Thierry88

⋅ Aug 29, 2019 4:38 PM

@Crypapi, not sure, most of them are not at the levels I want to buy them. They all have more downside.

Alphaz

⋅ Aug 9, 2019 8:46 PM

Sheeeeeeeep.

cryptegrity

⋅ Aug 9, 2019 10:53 AM

Ouch. 'Nice' chart...

Thierry88

⋅ Aug 29, 2019 4:39 PM

@cryptegrity, we can also short the market when it falls, so it is really a 'nice' chart ;)