EPISODE · Jun 9, 2021 · 6 MIN
Probability Low - Reduce Risk
from The Trader Cobb Crypto Podcast
Crypto has many down trends right now with bitcoin, Link, XRP, BCH, DOT, Binance, ADA and XLM all showing down trends on daily and the 8-hour. For cryptotraders, it's about knowing when to hang back. Right now, I am seeing a decreased probability for continuation which means a higher % for a loss. With this being said my actions are to sit out or reduce risk. Be safe! Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Crypto has many down trends right now with bitcoin, Link, XRP, BCH, DOT, Binance, ADA and XLM all showing down trends on daily and the 8-hour. For cryptotraders, it's about knowing when to hang back. Right now, I am seeing a decreased probability for continuation which means a higher % for a loss. With this being said my actions are to sit out or reduce risk. Be safe! Hosted on Acast. See acast.com/privacy for more information.
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Probability Low - Reduce Risk
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