Area of interest that I covered for $FART in my last Youtube vid is quickly approaching (sub .70).
Of the alts covered in my last vid update many have hit my buy zones ( $CRV, $CVX) while others have yet to hit their respective buy zones ( $XRP, $FART).
So some have asked why I longed $BTC if I'm looking for lower on certain alts. The answer is:
1. The $BTC long has a high R/R and decent enough probability of success imo that justifies the attempt.
2. There is a chance $BTC bounces here but pulls back after this next pump and that subsequent pullback may be enough to send these alts down to their targets allowing me to get in and out of a clean BTC trade while I wait for remaining alts to hit their respective downside targets.
At the end of the day I can't see the future so I take the opportunities as they come knowing I won't be right about every single move, all the time. If the R/R justifies the trade, we take it. Simple.
New Youtube VIDEO is now LIVE!
This video is probably one of my most EDUCATIONAL- I break down Elliott Wave to it's basics and demonstrate how I use it in confluence with other "traditional" price action methods to create a more "practical" approach to technical analysis.
I cover $BTC and a number of alts including $ETH, $XRP, $CRV, $CVX, $LTC, $WIF, $HBAR and more!
Likes and shares are always appreciated. Enjoy! 👇
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