BTCUSDT.P I had warned several times before when Alts were very green, I write again. Altcoins are not for holding. Alts are just for scalping and day trading. I wouldn’t hold an altcoin more than a week or two. You are in good profit on any altcoin, save profit and escape. You see any social media scam talking about Altcoins bag for investment and try selling you dreams, block, delete and escape.
BTCUSDT You're seeing lower high, lower high, and lower high. 4 hour has remained under the 20 EMA for 3 days now. 200 EMA has wild price action both ways, but the strongest move was a big body bear candle that closed with 0 buying pressure.
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BTCUSDT Please proceed to buy the market aggressively until the target of 98,500 is reached. This requires prompt action to capitalize on current market conditions.
BTCUSDT 50 EMA cross below 200 has found its way onto the 2 hour. Trends work their way up from low time frame to high time frame. As long as the 50 doesn't cross below the 200 on the 4 hour we should make a strong recovery. I anticipate a double bottom around that 90-92k area. Added to short at 99k.