Top Coins in Market Cap and co-relation with His Highness
Updated
Considering the Feb 2018 Dip as RESET of short term movement of the top coins, grouped by decentralized Currency - BTC , LTC , XLM , the Smart Economy - ETH , NEO , EOS and the Centralized -XLM & XRP pair
This is just my watch list to see how the returns are and how the coins trend in relation to His Highness, BTC
Leaving BCH , DASH , ADA & IOTA for sanity of the charts
This is just my watch list to see how the returns are and how the coins trend in relation to His Highness, BTC
Leaving BCH , DASH , ADA & IOTA for sanity of the charts
Note
So far XMR & LTC are bang the buck into the weekendNote
Still BTC proves to be THE trade compared to any other coin , unless one nails down THE trade of catching the bottom and selling on the top of A coin , QTUM & NEO bounced up to 50% from bottom and some other coins still profitable on a quick trade but the question is how well we spot the Entry and Exit of the coinSticking with BTC , LTC and Monroe for now
Trade closed: target reached
Feb dip made 45% overall and March did only 35% over all , this time i had more weight in portfolio for ETH & NEO they are beaten up badly, but clearly all TA is focused on Bitcoin centric but EOS seems to be winner , for the next dip(if ever it comes) will have to get prepared with better setup charts on more coins and pick whatever looks high probability trade rather than diluting Entry Criteria : 12H TD Risk line , Over Sold on all time frames , RSI divergence bullish & W bottom , 0.786 Fib retrace
Trade closed: target reached
51% overall performance in the month, In March I thought we are done and no dip , but traded anyway.. April is amazing performance of the sector , i missed the IOTA boat but Bitcoin Cash emerges winner , seriously in all these 3 months , Bitcoin just served as the GPS but rest of all coins are performing way better in gains , which limited the overall performance, as noted in March i loaded on beaten up charts though Trade closed: target reached
Wow APRIl 2018 ... 60% overall by staying away from Bitcoin.. what the heck are you doing Bitcoin !!!!
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