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Recent reactions APE ALPHA... after local top hit is aggressive.
Chasing types of these trades is high risk. It is recommended to take small size only and always adjust s/l
1-moves were early pumps like REEF RARE
We just entered to part 2 & 3.
VOXEL the version of YGG at 2023 season
Both are gamefi
Zigzag zigzag slowly slowly then suddenly x9
BUY DIPS
every altcoins just bottomed out from pico summer bottom.
it can go zig zag but imo the worst time have gone.
close #BTC
better wait a bit till confirmation if touching 68k8 first.
#CHESS hit 20%
Don't panic in local fluctuation
Example: SUI is a strong coin in September
It worked nicely in EMA25 4hourly
Whenever it touched EMA25, It bounced and continued
Just be sure you have to notice strong coins. SUI now is no longer strong.
If a coin is not strong, we have to apply Range Trading Strategy
In strong trend (strong bear market/ strong bull market), it is important to detect the strongest groups.
EMA is a good indicator to chase strong coins in strong trend.
4hourly EMA works for scalping trades
Daily EMA works for midterm trades
weak one to June level
Strong one to April level
SOLETH ratio is going parabolic soon
SOL is safe and can outperform Bitcoin & Ethereum.
Alts market have turned a new period.
It's not bearish.
Reminder one more time
Leverage is not your friend.
So many random pumps in these days but It's not easy to chase bold moves and make you happy
When It pumps 30% then It tends to retrace 25% and force you to close position with small gain.
ALPHA is on spotlight
Need someone to take spotlight from ALPHA
BTC is not strong but the weakness of BTC doesn't affect in alts structure.
Wait until BTC to support, Alts will bounce hard.
DOGE now is like SUI last month.
We are still at the mid-trend
MA/EMA200, EMA25 works for me.
Do u know the reason?
Many platforms set it as default setting so traders watch it and set is as psychology cycles
It indicates that we are still in the craze
There is no sign for the weakness of the trend