BQX Lots of Resistance Overhead
Updated
BINANCE:BQXBTC currently has the 20, 100, and 200 moving average way above it's head. RSI is sitting only slighting below 50 on the hourly so I see the selling continuing for at least the next day or so. Ethos is lacking any volume after yesterday's 1 hr pump and dump to break above the 20 day ma. I'm going to let it hit my 5000 stop loss and move on to the next trade.
With the acception of a few coins the Altcoin rally seems to be losing steam.
Please comment or hit the like button if you agree.
*all ideas are for my own record keeping.
My Previous Analysis of Ethos
With the acception of a few coins the Altcoin rally seems to be losing steam.
Please comment or hit the like button if you agree.
*all ideas are for my own record keeping.
My Previous Analysis of Ethos
Trade closed: stop reached
Tether rumors dragging the alts down. It would be worthwhile to keep an eye on the TUSD/USDT pairing to see what the overall sentiment is regarding bitfinex's solvency.Related publications
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