MrLucifer7

BTC Regaining Dominance

Short
BITFINEX:BTGUSD   None
BTC is gaining dominance once again probably in anticipation of the ETF on the way. Many alts are showing this head and shoulders pattern on the alt to btc pairs. WATCH OUT. BTG also just broke a key support on the BTGBTC pair. Also on the lower time frames we are seeing the moving averages bearishly crossing over one another. Also there is a fanning effect going on in the EMAs which is a very bad sign. This means they are gaining momentum to the down side.

Time to know when to reverse your position. Trading isnt about being right. Its about being right enough.

God Speed Gents
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