Today, we saw XBTUSD capitulate to a new low from the previous range. Many alts, mainly ETHUSD, followed in hot pursuit. Many speculate this as the bottom and might be considering the all in trade, aka "going for lambo", but what does the market really tell us currently? The market is screaming, "Im going lower... if you try to stop me, I WILL eat your flesh. We...
Simple TA rundown on four different cryptros: XBTUSD, ETHUSD, LTCBTC, and BCHBTC. The green dotted lines are demand zones and the red dotted lines are supply zones. These are all on the 4hr chart. If you decide to trade these, always remember to use proper risk management.
I believe that the crypto space is now going into full purge mode. If you take a look at many of the alts that were ICOs, they were initially bought up and exploded with the 2017 crypto craze. Since then, many have been constantly sold off, and there are even reports of top executives of these tokens selling off massive amounts. There has been absolutely no follow...
