As an investor in Altcoins, I find the total market cap concerning. Therefore, I've decided to book some profits and adopt a wait-and-see approach. I'll closely monitor the market's reaction to the Monthly Breaker level mentioned on the chart, as a bullish indication. If the market closes above the Breaker candle, I'll consider investing in small-cap coins with robust fundamentals and plan to hold them until 2025.
Currently, I'm taking a neutral stance, but I remain biased towards identifying attractive short opportunities on Bitcoin or other major-cap coins. Let's observe how the market unfolds and moves in the coming days.
Currently, I'm taking a neutral stance, but I remain biased towards identifying attractive short opportunities on Bitcoin or other major-cap coins. Let's observe how the market unfolds and moves in the coming days.
Note
it reaches the critical area lets see how market react this if this hold then blood in streets coming specially alts coins, so brace your self for incoming impact,
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.