BTC.D again at a critical level !
My current view of the BTC.D impact on the alts :
- if break out from here : alts will not do well
- if rejection from here : alts will thrieve
- if breakdown from this range : this is the flippening everyone is speaking about
Probabilitic approach:
- 60% rejection
- 35% break out
- 5% breakdown
So, I am long on a few selected alts (Eth, Atom, Egld & Sol, mainly) - also bought small bags of ETH L2 (Matic & Metis)
Cheers, and stay safe
- if break out from here : alts will not do well
- if rejection from here : alts will thrieve
- if breakdown from this range : this is the flippening everyone is speaking about
Probabilitic approach:
- 60% rejection
- 35% break out
- 5% breakdown
So, I am long on a few selected alts (Eth, Atom, Egld & Sol, mainly) - also bought small bags of ETH L2 (Matic & Metis)
Cheers, and stay safe
- A clear denial of the 43% area would be alts trader's heaven & late comers FOMO big time
- on the opposite, if this breaks, bulls are f