Still long (invested). Last quarter earnings were good !
Just updating my picks for august here...
I posted the 4h bear flag last night (see below). If that does not play out we have a potential for a major rally ahead with this bull pennant on the daily.
I am using XRPUSD as an example but many altcoins are similar. Many have recently formed death crosses AND are signaling Head and Shoulders (BIG), and are trading below their 200 MA. I do not see alts getting out of this without further decline. Alt season is still weeks to months ahead imo.
Didn’t want to post this b/c I am long but it looks like a bear flag. BTC may be dragged down by the alts
Well I found out I can't trade on margin on kraken with my two previous trade ideas, so lets see how this goes!
finally opened a kraken account so I can start shorting some sh*tcoins