BINANCE:ZRXBTC is forming a head and shoulders and passing rsi support, btc dominance is at year highs which means there is not a lot of money coming into alts so a dip here on all alts would be likely at such high levels
Who would think ether goes to 200+
So anyone anywhere who did a SHORT DOWN charts and idea
They got it right
No disrespect to u
There is no winner in this today’s dump
All coins and btc down
So let’s see I guess
Cheers
Dani118
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@meveme, "dominance is at year highs which means there is not a lot of money coming into alts so a dip here on all alts would be likely at such high levels" august 2nd i expected it :D cheers
meveme
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@Dani118, well
Btc dominance is a factor but it is not all important
If the money is in bot coins then why btc has no volume either and the volume it has is not organic. It’s from BOTS
short orders what made the market as it is today
The whales stayed on bears side. Had lots of sell out
Got to wait for the swing
Have no choice :)))
Dani118
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@meveme, usd-btc-alt, btc dominance just shows the confidence in the alt market it does not really affect btc whats happening right now is alt-btc-usd so btc dominance is going up showing people are leaving alts pushing the price down, and i do see bot volume specially on the lower time frames 5-15m and i idk any whales so idk what side they are on but there is bots and whales on every market
meveme
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Yes
Every where there was a dump
Fortunate or unfortunate
I guess
Aug 018 no one will ever forget
Cheers man
Let’s see
meveme
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Ur chart is only 10 hours late
Ha ha ha
Happy trading
Dani118
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@meveme, not really ? If does play ouy like a h&s its still early
meveme
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@Dani118, ur chart shows ur left shoulder head and right shoulder is done
How if it plays out!???
I see this coin on a uptrend
We will see
Dani118
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@meveme, let me explain how this work, a head and shoulders is a trend reversal pattern it happens when the price makes a high then a highier high and then it cant keep going on a uptrend and making a lower high, the neckline is the support of the head and shoulders, the real dip comes after the price makes the lower high and breaks the neckline support
@Dani118, what u telling me my friend is how the H&S is formed
If my profile shows no crypto experience
Doesn’t mean I don’t know H&S
Been doing currency for years
So anyone anywhere who did a SHORT DOWN charts and idea
They got it right
No disrespect to u
There is no winner in this today’s dump
All coins and btc down
So let’s see I guess
Cheers