How to ride BTC rally? When to move money from BTC to ALTS?
Aggiornato
MICRO TRENTS:
BTC.D is currently forming an ascending triangle.One thing most of the people didn't realize is that during the ascending triangle(this week)
BTC.D tested previous strong resistance. And now it is ready to be launched. My prediction is that It's going to break the ascending triangle and move towards first resistance line. Around $16,500, and then it might retest BTC trend line around $11500 (market will be very volatile at this point)
Will add more after fulfilling given targets..
MACRO TRENDS:
Blue lines are the resistance lines/rays, derived from 2017 bull run - Can be seen as the starting points.
Watch out for these lines, will create a good shorting opportunity.
- First line is at 69.90% Dominance
- Second line is at 77.43% Dominance
Future prediction on when to get the money out of ALTS:
WhenBTC dominance hits yellow line or breaks yellow line then it means that the ALT season is over. Time to covert investment back to BTC (with stop-loss) or 
USDT to be safe
BTC.D is currently forming an ascending triangle.One thing most of the people didn't realize is that during the ascending triangle(this week)
BTC.D tested previous strong resistance. And now it is ready to be launched. My prediction is that It's going to break the ascending triangle and move towards first resistance line. Around $16,500, and then it might retest BTC trend line around $11500 (market will be very volatile at this point)Will add more after fulfilling given targets..
MACRO TRENDS:
Blue lines are the resistance lines/rays, derived from 2017 bull run - Can be seen as the starting points.
Watch out for these lines, will create a good shorting opportunity.
- First line is at 69.90% Dominance
- Second line is at 77.43% Dominance
Future prediction on when to get the money out of ALTS:
When
BTC dominance hits yellow line or breaks yellow line then it means that the ALT season is over. Time to covert investment back to BTC (with stop-loss) or USDT to be safeNota
BTC.D has broken ascending triangle. Moving towards 69.9% resistance. We can expect a retest of the triangle after meeting the first resistance lineNota
Retest of the previous resistance line done! Watchout for BTC! Are we going to touch $16500 in this run?
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