#Fundamentals A quick update on the market shows that Binance is restricting US Citizens from trading in Binance. So US people seem to selling to exit the market. This is bad for our predictions in Analysis of signals.
We will see a big loss in Alts now. Thankfully we have a stop loss.
As we observe the movement, there will be HUGE sell off. I would suggest that you reduce all your alt posiitions for the weekend! We will reduce them all even in loss because things are a bit crazy now. We will keep only small portions.
this Dock trade went well by the way 😊
Important Notice. Bittrex will delist lots of coins. Convert them to BTC to be ready for the delisting.
This is important news since lots of small cap cryptocurrencies have lost their basic entry and exit points.
So we expect drop since people are taking funds outside.
#Notice For the strategy I posses, the current market conditions are not entirely suitable to provide the frequency of trades we're all used to seeing.
Since the announcement that US citizens will be banned from Binance, many alts have been dumping and that money has been pouring into BTC.
This has made the altcoin market a bit more difficult than it has been for the past 3 months.
Nevertheless, as always, dusts like these will settle and the market conditions we're used to seeing will return in a fashion we're all familiar with.
This is the reason you may not have been seeing many signals recently
Since the announcement that US citizens will be banned from Binance, many alts have been dumping and that money has been pouring into BTC.
This has made the altcoin market a bit more difficult than it has been for the past 3 months.
Nevertheless, as always, dusts like these will settle and the market conditions we're used to seeing will return in a fashion we're all familiar with.
This is the reason you may not have been seeing many signals recently