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Do you know where is resistance in parabolic trend ?
It's your mindset, which is trained in sideway/bear market.
October/November = BTC run no matter what
Try to Buy dips.
to avoid the conflict of overall trend, I just removed the post about local dips.
Will buy once dip comes.
if BTC drops from 68k to 67k, will your alts go to zero ?
It's obviously "NO"
Why panic ? lol
Buy dip if market gives chance.
Update
Box is broken
Breakout > Retest > Continue
many alt charts are stable now.
All they are waiting for BTC.
This applies well for old projects.
but for newly alts > There is no rule in discovery chart.
It is not easy to pick alts outperforming bitcoin in October.
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BTC dominance chart
Still no sign of weakness
Market is lack of idea to move market so they picked Alphabet narrative 😂
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SOL outperformed BTC at first leg & second leg
Next leg SOL tends to outperform BTC one more time
BTC price action has been slow in past few days.
patiently wait for an entry.
Here's a lookback at how Bitcoin has reacted to McDonald's McRib launches
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Missed this trade
lesson is there
- Weekend + Max funding + Ascending daily triangle + Catalyst from devs.
#NEIRO almost unchanged in past 10 days.
A discovery price chart.
Tip to track Alts that can outperform Bitcoin
> Just open Alt/btc chart then form your bias
Example at INJ Oct 2023
ETHBTC chart
No sign of strength until 0.0300 level.
one breaking up the channel
Other breaking down the channel
Alts look heavy but BTC is Not dropping
The point is when you think about shorting Alts is the moment BTC starts pumping 😂
#DIA reminds me GAS pump at October 2023.
TP 5.5-6$
can't believe Rose Army missed A narrative at this weekend.
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