Right so I first mentioned this HTF zone on FARTCOIN back in a Youtube vid in May. We got very close to this zone in June but just front ran it- and now 3 months later it looks like it will finally be tested. If you believe that our top isn't in and you have been wanting exposure to the meme sector for whatever reason, then this is the best HTF zone to consider spot buys imo. If we are going to make a new ATH on this coin then it will be off of this zone imo. Note that unlike prior longs which were LTF attempts, this is a HTF idea, which means there is a wider invalidation AND it will likely take longer to play out, so spot buys should be the focus here if anything, not levered longs. Finally, you guys already know that I typically only buy spot holds for the mid/long term if I believe they are sound fundamentally as well, so something like this (for me) would only be a swing/position trade, targeting prior ATH if I were to take it, not a long term hold personally. With all...
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.
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