Took a 5x position on BITMEX:LTCZ19. Increasing volume, upticking histogram, bull macd cross, just cross the 4hr 20ma after a double bottom? I'll take it twice on Sunday. Going for a double top here before a btc pump which will then rekt it while we short it later. That's the plan, anyways...lol
I have closed this position. I feel dominance is in the process of a reversal., this can make a double bottom at 6550, or even bigger double bottom at 6275.
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This is what I'm thinking considering current market situation. I'm just waiting for confitmation of dominance move. If the market is happy with it, alts may hold, but I don't think this will be the case.