The area of interest that I covered for $FART in my last YouTube video is quickly approaching (sub .70). Of the altcoins covered in my last video update, many have hit my buy zones ($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 altcoins. The answer is: 1. The $BTC long has a high risk/reward and decent enough probability of success in my opinion 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 altcoins down to their targets, allowing me to get in and out of a clean BTC trade while I wait for the remaining altcoins 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 risk/reward 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 its 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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