I'm sharing this swing trade I'm taking into the weekend, but it's VERY aggressive. The reason I'm calling this very aggressive is that I'm seeing a broad Wave 4 in BTCUSD, and with that, we're faced with fake-outs and false starts all over -- possibly for a few weeks to a few months (who knows?). But if BTC makes a run to 40k and we see a break into the mid-40s...
Liking the consolidation here for a long swing trade. Not risking more than 1% on this as it needs some confirmation from BTC, but being quiet I tend to look for coins that the herd doesn’t have their radar yet. Stop loss is just below the recent consolidation low, with our first target just shy of the latest high. If it works out I’ll be offloading 1/3 of my...