In my last post, I completely overlooked the news of BIP 91. Therefore, my short call became null and void. Being away from my desk for almost a week caused me to miss this important news. As of this morning, BIP 91 was signaled by 66% of the miners. This is huge. Only 80% is needed and if locked in, will help prevent a fork. Only 14% more support is needed to...
I updated my last publlication when I went long again. I have a full position now, in all my crypto portfolio. Waiting to add after we get further confirmation, and after being in some profit, on each and every single trend continuation signal on the way up. Sentiment and technicals gave me a good signal today, so I closed my $ETCETH and $ETCXBT longs, and kept my...
Litecoin has been acting stronger than $BTC, I assume it might grind sideways like practically all coins, until all hell breaks loose by August 1st. Most people are worried, or bearish overall, and in the recent bottoms, we saw traders unload long positions in loss, to quickly realize they had fallen for a bear trap. Until fundamental risks aren't out of the way,...
