crypto weekness

I sold all my cryptos from coinbase on Thursday at 7:4-pm eastern time.
Bitcoin at 4719
ethereum at 386.74
litecoin at 73.39

i sold monero at Kraken at 140.46

I now see a panic developing. Liquidity problems are not evident yet but I am concerned.
the time to move between Kraken and Bitcoin not great.
I am awaiting wires from coinbase.

This does not look good to me.
I am suggesting selling cryptos here.

I am not advocating short positions but now am flat.

Trade attivo:

only 4 out of 100 cryptos are positive this morning.
and those very marginally.
if you have large cryptos I am advocating sell.

Commento:

bitcoin to test 4000

Trade chiuso manualmente:

I saw good buying interest at 4100.
long term Bitcoin going lower but we could see a rebound

Trade attivo:

time to sell BitCoin .
buying interest was impressive from the 4100 level on Bitfinex.
now 4620 was a failure, now 4500 is support. Feels to go lower.
time to sell Bitcoin again

Trade attivo:

a little panic here.
stay short Bitcoin or sell.
if 4000 does not hold major sell orders could develop.
my Sept 4th call was good, I anticipated a rebound now cryptos are looking
very weak.

Trade chiuso manualmente:

SHORT TERM BOTTOM ON BITCOIN HAS BEEN REACHED.

Trade attivo:

see my new post on crypto weakness