Volume has moved from ALTS to BTC since July. Meaning, when BTC goes up significantly ALTS crash.
Depending on BTC price movement after the fork, most ALTs should recover that lost volume, and this could be the lows for most ALTS. ETH should drive recovery for ALTS. I am Buying ETH around $275-$280.
Most likely BTC is still bullish to at-least $8,000. People may decide to sell early and into ALTS.
Cross finger and HOLD all positions for the next couple of days.
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Depending on BTC price movement after the fork, most ALTs should recover that lost volume, and this could be the lows for most ALTS. ETH should drive recovery for ALTS. I am Buying ETH around $275-$280.
Most likely BTC is still bullish to at-least $8,000. People may decide to sell early and into ALTS.
Cross finger and HOLD all positions for the next couple of days.
Like and comment!
Trade closed: stop reached:
Triangle pattern is holding if ETHUSD goes below $295 SELL down to $280 Next price target