Dom is looking like there is strength after this initial impulse move that was seen when BTCUSD took its push off the 6300isk level. BTCUSD in my opinion is going to go for another leg up and push the dominance up to 80% as previously speculated by many analysts. If thats the case we will short ALTBTC pairs on the way down and make some money hedging on the way down while BTCUSD pumps. As of now the only trade I have taken is the EOSBTC short position. The longer Dominance stays above certain resistance levels after a impulse wave the better the chances are that it was not a fake out breakout but something that shifts momentum. We will see what happens.
God Speed,
Mr. Lucifer
God Speed,
Mr. Lucifer
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Looks like there may be a pull back after all... Im closing out all short positions.
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