⚠️ To profit from the market and identify the right altcoin, pay attention to the following points:
🔅 To map out the altcoin roadmap, considering Tether and Bitcoin dominance, Bitcoin's fluctuations are no longer of significant importance. Instead, Ethereum's movements are crucial,
🔅For Ethereum, we have two support levels. The first level was tested yesterday, and Altseason may start from this first support. However, you should plan in a way that allows you to add more volume to your altcoins when Ethereum reaches the second support.
🔅For entering altcoins, identify suitable entry points and then take your desired position. Always set a stop-loss for your trades. Place the stop-loss below significant support levels and avoid overly tight stops. This advice specifically applies to spot positions.
🔅Focus on buying altcoins that are attracting strong inflows and are trending. Older altcoins without updates or unique technologies tend to have shorter targets and move more sluggishly.
This is a friendly reminder... To be patient, to prepare, to load up, accumulate and hold.
Disclaimer:
The information provided here is intended for informational and educational purposes only. It does not constitute financial or investment advice. Always perform your own research before making any investment or trading decisions.
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