BTC is on strong support and could be ready for some bigger retracement -> that would mean, that highcaps will also recover and BCH and XRP looks pretty good. Only BTC dominance doesn´t support these wedges, because BTC dominance should go up, so altcoins should be dropping for some time, so hard to tell. But I open LONG on these two pairs with small stop loss.
Trade closed manually:
I am out of long on BCH and XRP. From only reason : "Trend is your friend".
BTC Dominance is constantly making higher highs and higher lows, there is no sign of weakness, so it really doesn´t male sense to long any altcoins or BTC right now...
BTC Dominance is constantly making higher highs and higher lows, there is no sign of weakness, so it really doesn´t male sense to long any altcoins or BTC right now...