Real Trading #7 Abundant Opportunities

in #cryptocurrency • 6 years ago

Abundant Opportunities

No trade on the board yet but things are getting interesting.

After a brief market bounce back, alt coins continue to slide. We can easily spot that the bounce back wasnt a pattern breaking because of the low trade volumes.

Alt coin prices approach levels at which I will begin to monitor activity levels much more closely; anticipating a break in the pattern soon as it approaches recent lows.

Another interesting opportunity developing in terms of BTC to fiat exchange. This blog was meant for crypto to crypto trading but it seems like BTC will take a bit of a hike before continuing its downward spiral.

As BTC decreases in value; it does so in a clear pattern, spiking modestly in value. I believe one of such spikes is currently in development. Trading for fiat as price approaches $8,500 USD may be a good idea. If I elect this option the layout of this blog will change a bit as we will no longer use Coinbase and will use Coinsquare instead (I am in Canada and Coinsqure and Quadriga are pretty much my only options).

#crypto #trading #market #bitcoin
6 years ago in #cryptocurrency by
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