Toxic Charts - Market Analysis for Jul 26th, 2019

This skew work continues, because this takes so long, I want to notify you on charts, I have no long term bullish perspective. This doesn't mean they can't reverse, but previous counts are dead. There will be more as time moves along. This again emphasizes to me that portfolios should be built around Bitcoin with small lottos in other positions. At the very least, majors. And, can any crypto be a long term trade, when the environment changes so fast? I question that. I don't question that I can't make a lot of money in the space. I have just adjusted my approach. 

EBST, ZER, ETP, DENT, NEBL, LSK, VIBE, LBC

I will look at the portfolios and likely take losses on all these, to clean it up. The debate can be made that if near 0, leave alone, but I like tidying the house. 

Ryan Wilday hosts the Cryptocurrency Trading service on ElliottWaveTrader.net.