Okay this looks really scary for those trying to short this with alts. If this breaks up above there meaningfully then all best are off and you might want to hedge by going short IOTABTC or ETHBTC. Its starting to look really crazy out there. Ill post up proper risk management strategy via video.
God Speed,
Mr. Manbearpig
God Speed,
Mr. Manbearpig
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Might be a fake out but this is why we have proper risk management strategy.
Trade closed manually:
Looks like the flag might be in play still. Signs of weakening on the 4hr chart are starting to manifest themselves.
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