Stewdamus' Chart Analysis

Stewdamus' Chart Analysis

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Stewdamus' Chart Analysis
Stewdamus' Chart Analysis
Bitcoin Sneezed. Altcoin Market Fainted.

Bitcoin Sneezed. Altcoin Market Fainted.

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Stewdamus
Jun 07, 2024
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Stewdamus' Chart Analysis
Stewdamus' Chart Analysis
Bitcoin Sneezed. Altcoin Market Fainted.
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Traders,

Blackrock Trading Coin will move this whole market. Market makers know this. Manipulation only has to be done at the highest level in crypto (BTC) and the rest of the market will exaggerate the movement. So, Bitcoin sneezed today and altcoins fell over, liquidating many alts. But you can see from the chart above that TOTAL3 is right back above support. This is the liquidation event that I was not looking forward to. But I have also been expecting it. Fortunately, I had stops adjusted appropriately on most trades and remained in the trade. For those that did get hit, half of them still stopped out in the profit, thanks to trailing my stops.

Let’s take a look at what happened.

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