Our #Alt longs and alt market update
The plan is unchanged. Alt season is coming, slowly
Alright, it's been a while I did a full altcoin update and my thoughts on where they are going, and most importantly, how I am intended to continue to help you make money on it, with these live called (high timeframe) trades.
Firstly, it's evident price is still the same on these alts, nothing has changed. Lines up with overall plan, of $BTC ranging til end of June, and alts remaining in their local ranges, until $BTC breaks out, and $BTC.D staying below the POI of 65%, are all ticked off. Those are the main elements of our plan.
And so I am still waiting for alts to move up indeed. That is the update.
So not much to update, and I just send my word of courage here that ranging for a long time may be painful, patience is hard and giving up is easy. Meanwhile with the lingering thought of altcoin season in everyone's mind, the ranging alts make the impatient trader ape (shoot, I missed it) into the highs and panic sell back into the lows (ah never mind, altcoin season isn't coming), as most of twitter tells you that alt season is never coming upon reach range low revisit.
Meanwhile the trades we took are
$AVAX: -0.3 RR
$DOT: -0.4 RR
$ETH: +2.79 RR
$API3: -1 RR (stopped)
$DOGE: +0.02 RR
In total: up +1.11 RR.
So indeed, that is not much, and you're probably used to my trades printing a lot faster (such as the standard low timeframe $BTC plays we post), but it does show signs of life, and the altcoin move have yet to happen, which, I know sounds repetitive, but I still believe will happen. And while these longs continue to print overall, I wait patiently for the bigger move, in alignment with the high timeframe nature of these trades.
Could I have taken these trades later? Yes, of course. But I'm not an options trader, and I prioritize early entries over long waits (to limit COMO).
The same is true with the 10k altcoin challenge, where the balance sits at 14k, I am waiting for the bigger moves.
So yes, waiting is hard, and while I can't control the markets, I can remind you what I am doing. And the sentiment during this wait is great for us IMO. Not a single big non perma bull influencer currently preaches altcoin season to happen, nor gives hidden signs of being positioned for it.
So enjoy the hold, enjoy the wait. The payout is still lining up to be sweet IMO.




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