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JamesVitaly
Feb 24, 2021 10:31 PM

Alt coins are dropping Short

Crypto Total Market Cap Excluding BTC, $CRYPTOCAP

Description

As much as I would like the bull run to continue. I think for the time being things are dropping. We all made good profits lets not chase a dream.

It may be only a temporary dip, we need to look for confirmation of this before reinvesting, it's safer to reduce positions and chill, I might even consider shorting a few weaker coins.

The great thing about crypto is - there are still opportunities, any coins I didn't want to sell out or had bought at the wrong time, I'm staking, and waiting out till things change.
Comments
RichardMilk
you got all this from a 15 min timeframe?
JamesVitaly
@Smith1108, lol fair point but if you haven’t seen what’s happening over the last few days ... where have you been xD - it’s that alongside general market sentiment
RichardMilk
@JamesVitaly, haha I do agree with you lol I was joking. Short term outlook looks bloody, however once BTC finishes retracing I do see a Mini alt season occurring at the end of the month beginning of march. Total2 is forming an ascending triangle pattern and hoping for a short term drop of BTC.D below 60% before its next run up! However, I disagree on your projected target. It is highly unlikely for it drop below 455B...
JamesVitaly
@Smith1108, yeah I agree and looking forward to it!
Darkside999
15 min?? lmaoo noob
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