I've just checked some charts. Most altUSD pairs seem to be at resistance here on weekly, so it's not a bad place to book some profits. But on BTC's next leg down (the one to 7.7k maybe?), alts could be worth investing in (mid term), at the expense of BTC. including IOTA and QTUM, have good mid term potential it they don't break support on BTC's drop. But...
I'd generally advise everyone to stay away both from margin tokens and margin trading, unless you really know what you are doing, like Windwisor. If 95% new traders lose money, think how many lose money on margin. With broker accounts the losing total oscillates in the 70-80% area (the stats are published for CFDs). I suppose with crypto's volatility and stop...
Based on my analysis, BTC dominance seems to be entering a mid term downtrend. The apex of the current long term triangle / pennant should help with that, so on the next mid term dip alts should be more juicy than BTC for the hodl portfolio. Short on bitcoin.
Ethereum seems to be on downward trend and continues. Let's Wait for clearer PA, it needs to make a move. For now, Trade a breakout or sup./res. To me, considering the market stage, priority should be given to shorting the whole 209-217 resistance zone.
I believe in TSLA just bought few shares and holding..
We are still going bullish on BTCUSD... Just a simple explanation
You have a strategy, and you’re tired from staying on your desk staring at your screen and switching between multiple windows all day. I have the solution, i will create an Expert Advisor for your strategy that will trade for you.
You have a strategy, and you’re tired from staying on your desk staring at your screen and switching between multiple windows all day. I have the solution, i will create an Expert Advisor for your strategy that will trade for you.