Double Bottom Validation..

#LEARNING
@bitmexsaviours

Binance
#QKC/BTC Take-Profit target 1 ✅
Profit: 6.7416% 📈

Yesterday's Analysis..

Perfect again..

Question : Why alts Dump when BTC is pumped nicely..

Answer : If BTC pumps by 5% in terms of usd price and Alts pumps lower than that % then Alts will obviously dump in terms of satoshi price

Say BTC is pumped from 5k to 5.5k which is 10% while a #XYZ coin is pumped from $100 to $101 means 1%.

Here 10% pump in BTC is much better than the 1% pump in that alt.. Which causes the dump in respective alt's satoshi price as BTC being more expensive than before..

Regards,
Saviour

Guys, due to many channels copying the matter and texts, I am sending it in picture as possibility of they have copied and shared already in their channel..

Another important point is the BTC dominance which I was mentioned before..

In this pump BTC dominance increases massively which is also responsible for the alts dump

Mentioned about that here

.

In BTC dump, scenario of Alts is different, I'll explain it in another post..

Binance strong decision..

We wanted that to be delisted earlier.. (November 16th)

Better late than never..

Binance good step for Crypto Community..

❤️

Now Kraken ?🤔🤔

BTC is looking to break $4950 support (Bitmex price)

Be careful with your trades..

Keep stop loss in place to all your trades..

#BCHSV delisting can create some manipulation in the market, we can't deny this possibility considering November 2018 crash..

Learn to Increase the number of coins in same investment (strategy given in Premium)..

Alts trading is looking risky..
Use stop losses on all Trades..

Preserve your funds..

BTC broke first resistance zone of 5130-5164

And came down from our second resistance which is 5310..

Currently facing neutral resistance so interesting to see movement..

Yesterday.. :)

Still useful.

These BTC resistances are still valid..

#MITH pumped due to this..

BTC exactly facing $5310 resistance zone..

Let's see how will it Go..