BTC.D facing a strong Resistance. Time to LONG ALTS?
Continuation to my previous idea post on 27th May 
Longing ALTS now is very attractive if we are only to trade based on BTC.D.
Unfortunately,
1. BTC still trending sideways and is currently at a local resistance (31.5k at time of post).
2. ALTS are also facing the resistance barriers (eg: ETH 1875, LINKUST 9 and etc.)
If the first few hourly candles are green (of course there are many other confluence that I see but this is just a sign that the price has higher chances to go up), I am going long ALTS, else this idea is negated and I will short BTC.
Idea to use BTC.D here is SIMPLE.
Long ALTS if we expect pumps.
Short BTC if we expect dumps.
Longing ALTS now is very attractive if we are only to trade based on BTC.D.
Unfortunately,
1. BTC still trending sideways and is currently at a local resistance (31.5k at time of post).
2. ALTS are also facing the resistance barriers (eg: ETH 1875, LINKUST 9 and etc.)
If the first few hourly candles are green (of course there are many other confluence that I see but this is just a sign that the price has higher chances to go up), I am going long ALTS, else this idea is negated and I will short BTC.
Idea to use BTC.D here is SIMPLE.
Long ALTS if we expect pumps.
Short BTC if we expect dumps.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。