XRPBTC Chart pattern recognition
Can it be? Sure, everything is possible. History repeats itself right?
We all hope it does, trading in this market is very hard and not many can do it.
Given the global conditions we are in right now major cryptocurrencies will gain, it is important to position yourself well and not get shaken out by sudden drops that kill leverage traders. At least most of them and the example is recent bitmex liquidations of 270mil. Crazy stuff so i will play it safe for now.
Bitcoin is leading this market so if it craps the bed everything else does. But when we catch an uptrend breaking 10k in BTC and confirming the bullish wedge we might initiate new strong run for some alts. I position myself in one that is backed by world institutions and companies.
We all hope it does, trading in this market is very hard and not many can do it.
Given the global conditions we are in right now major cryptocurrencies will gain, it is important to position yourself well and not get shaken out by sudden drops that kill leverage traders. At least most of them and the example is recent bitmex liquidations of 270mil. Crazy stuff so i will play it safe for now.
Bitcoin is leading this market so if it craps the bed everything else does. But when we catch an uptrend breaking 10k in BTC and confirming the bullish wedge we might initiate new strong run for some alts. I position myself in one that is backed by world institutions and companies.
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