Just like what we mentioned on our previous trades...
Bitcoin is Crashing but we are still on PROFIT, understanding the market psychology. Establish your S&R will basically do this very simple and basic strategy.
Simple Short Analysis (Bull Market Scenarios):
Scenario A: When BTC is on uptrend, Alts may lag a bit and will try to consolidate, there are time they may have a correction.
Scenario B: When Bitcoin is on sideways, Alts are pumping.
Scenario C: When BTC goes down, Alts dump hard.
Scenario D: When bitcoin dump or pump on a define trend/area of consolidation, Alts pump to the moon.
STRATEGY
Simple Scaling IN when the market is going down, and Scaling OUT, when the market is in parabolic.
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Related Topics: November 2020 BTC Trade
a. Cryptocurrencies DIVIDEND
b. Best Performance Assets the last Decade
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