Simple Short Analysis (Bull Market Scenarios). Bitcoin is Crashing but we are still on PROFIT January Part 2.

in #steemitph4 years ago (edited)

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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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Watch us on YouTube:
https://youtube.com/channel/UCrRQy8T439crKspUU8yzD5Q

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Register for FREE:
https://www.binance.com/en/register?ref=19786987
https://www.kucoin.com/ucenter/signup?rcode=7w8Rve

Related Topics: November 2020 BTC Trade

a. Cryptocurrencies DIVIDEND
b. Best Performance Assets the last Decade

Feel free to visit my YouTube Channel @ https://www.youtube.com/channel/UCrRQy8T439crKspUU8yzD5Q?view_as=subscriber

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Remember the condition with Bitcoin (Refer to the previous blog) to meet the possible scenarios.