XEMBTC - slow decay for consolidation

14 ביוני 2017

A bit late on this call, but I see XEMBTC continuing a decay into the target zone before looking at re-entry. It had a great market cycle, so I see this move as necessary to long term growth. Could trade the channel on the way down if you're skilled at such things.
XEMBTC

14 ביוני 2017

הערה

Bitcoin weakness today is being supportive of certain alts. This is still within our downtrend, however.

16 ביוני 2017

הערה

Very happy with entry, still on course.

16 ביוני 2017

הערה

And remember on shorts...when I say entry, I mean, exit of long position. Do not advocate shorting crypto!

19 ביוני 2017

העסקה בוטלה באופן ידני

Going to quietly exit this one. Was still a great call, in that we put capital to much better use elsewhere. Still does not look like a buy here at this point however. I'll take a W.