This is a synthetic pair trade. This chart shows the performance of altcoins as a whole against bitcoin (in market cap).
Based on the December 2020 open horizontal, it appears alts have hit a resistance.
The trade setup: long bitcoin, short the alt you hate the most, for a 1:1 ratio. You can't short or long just one because you might be incredibly wrong (or right, but I'm not in the business of being right).
Based on the December 2020 open horizontal, it appears alts have hit a resistance.
The trade setup: long bitcoin, short the alt you hate the most, for a 1:1 ratio. You can't short or long just one because you might be incredibly wrong (or right, but I'm not in the business of being right).
My published indicators: tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
My published indicators: tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。