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Ben Walther
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Crypto Market Status 29th May - Ready for the Pump? 💥
After yesterday’s minor correction, the market is back in the green and pointing towards new heights.
As expected, $BTC continues to range between $67k and $70k. At the same time, many altcoins have broken out of their sideways or downward channel. $LINK and $JASMY are just two prime examples, among many others.
Personally, I expect some massive upside potential during the next weeks especially when updates about #ETHETFS are released. As a result, we should see a further decline in Bitcoin’s dominance.
Therefore, the game plan is relatively simple:
👉 Don’t chase green candles
👉 Wait for smaller pullbacks and hop on the most promising trade signals
👉 Go for tokens that have shown strength during the last days/weeks
👉 Enjoy the ride
#altcoins #tradingstrategy
After yesterday’s minor correction, the market is back in the green and pointing towards new heights.
As expected, $BTC continues to range between $67k and $70k. At the same time, many altcoins have broken out of their sideways or downward channel. $LINK and $JASMY are just two prime examples, among many others.
Personally, I expect some massive upside potential during the next weeks especially when updates about #ETHETFS are released. As a result, we should see a further decline in Bitcoin’s dominance.
Therefore, the game plan is relatively simple:
👉 Don’t chase green candles
👉 Wait for smaller pullbacks and hop on the most promising trade signals
👉 Go for tokens that have shown strength during the last days/weeks
👉 Enjoy the ride
#altcoins #tradingstrategy
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