Yesterday I traded two altcoins,
one is MAGIC, which is a cryptocurrency that has rebounded from a severe decline. It dropped from 2.3 and after three waves of decline, it broke through the descending wedge. There was still an opportunity to chase the rise yesterday, but today it has already increased by nearly 40%, chasing high carries too much risk, and leveraging operations should ideally not exceed twice, otherwise it is very dangerous.
The other is Sushi (SUSHI), currently in a small resistance zone. In this case, as long as there is a pullback, it is still a good point to increase positions, with clear target distribution, ultimately looking towards above 6. Atom (ATOM) is also worth mentioning, it has now entered the previous consolidation zone, the first target has not yet been reached, and it is still safe in the short term. If it pulls back to the support level, that would be a very good entry opportunity. Currently, the overall increase is significant, and in the short term, I will pay attention to whether it will continue to rise after consolidation.