Not a convincing bounce from the dip. Sold some to USDC and will wait what the start of the week brings. Perhaps we will miss some gains, but at the same time we reduce a bit of pain if the market moves down and we have USD to invest on a dip. Short term indicators are not looking strong. I will wait for a safer entry point.
On BTC the 2d chart signals are working best for me long term and the win rate is great (going long and shorting with stop loss). Not a sexy strategy for Iconomi. There will be longer times with 100% in cash. Shorting is not possible here but the long term up swings will do the trick over time. This Indicator is working good using high volume coins like BTC and ETH, not so good for smaller coins. I will start a strategy based on this system that will have limited risk in a weak market and good results in a good market.
Have a wonderful Sunday and stay safe