Traders,
Though, I am up and in the green on all three of my long entries yesterday (xrpusd, algousd, audiousd), they did not move up with as mush strength in price momentum as I was hoping to observe, and I am sensing weakness in the altcoins space. Therefore, I will be using Bitcoin as a gauge for possible exit. I have set an alert on my Bitcoin chart and if that neckline breaks, I may use this as my trigger to exit all of my altcoins as well for now. My feeling is that if Bitcoin drops, alts will drop faster and harder for another big flush before any continuation up.
This is where I am at currently in my thinking process and I just wanted to make you all aware.
Best,
Stew
P.S.- Dropstab is now back in order and my three recent trades should be reflected there.
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