I am long here. You know the drill, my analysis =
BTC.D in free fall I am targeting 55% when all is said and done / possible 49% moon shot for alts. BTC should stay range bound allowing alts to catch up, now some alts have started catching up thats why I have ETH & XRP along with BTC in my chart as a comparison.
Others not so much thats why I am long XTZ, UNI, ALGO.
Not sure exactly how long this trade will take to play out but I am reviewing BTC.D always and the weekly looks like the Stochastic RSI is pointed down in a hard fast move also the % currently 62.6% is just below the weekly ema 50 , 100 meaning the alt bulls have applied much pressure to the BTC bulls. These 2 ema's 50&100 are a big deal and should BTC.D completely loose the ema's this week I think we can see real fire works next week & into Dec.
I stay bulls on Crypto & Stocks for now.
I also think we r in full blown mega Altseason :)
Let's get it, riches can be made and lost quickly here guys. I will take profits once BTC.D is done dumping.
BTC.D in free fall I am targeting 55% when all is said and done / possible 49% moon shot for alts. BTC should stay range bound allowing alts to catch up, now some alts have started catching up thats why I have ETH & XRP along with BTC in my chart as a comparison.
Others not so much thats why I am long XTZ, UNI, ALGO.
Not sure exactly how long this trade will take to play out but I am reviewing BTC.D always and the weekly looks like the Stochastic RSI is pointed down in a hard fast move also the % currently 62.6% is just below the weekly ema 50 , 100 meaning the alt bulls have applied much pressure to the BTC bulls. These 2 ema's 50&100 are a big deal and should BTC.D completely loose the ema's this week I think we can see real fire works next week & into Dec.
I stay bulls on Crypto & Stocks for now.
I also think we r in full blown mega Altseason :)
Let's get it, riches can be made and lost quickly here guys. I will take profits once BTC.D is done dumping.
