Do not over leverage and buy at EMA supports, EMA50, 100, 200
With BTC is trading sideway, some others are not going anywhere. Chasing is not a good strategy at the moment. Instead we should look for the ones that are the bese. SEI retrace 20% and now forming a double bottom at EMA 200 TF H4. This will give a much more advantage to enter position.
BTC is testing EMA 100 for second time in 2 days. We must wait for reversal candle to form before entry. This apply to other coins too. Watch out.
Enter a small position into the ones that rebound on EMA50,100 or 200. Looks theough the market and try to be selective, such as SOL, NEAR, AVAX, OP, DOT
A good trade set up for GLMR with the price broke down trend line and bounced off EMAs.
ETH is breaking out of the EMA200 and the downtrend line. With a good volume today, it should continue the uptrend. The same goes with ARB and OP.
The price breaks the downtrend line in TF H4 - looks good for continuation upward
40k continues to be a support as BTC is failing to make HH. Sideway range niw berween 40k-44k. Entry close to support is preferable. Altcoins are not very strong too - play on rebound at this time - doest have to buy n hold.
First support at EMA100 TF DAY at around 39k-40k. Don't put all your money to enter here. Keep some for next support level at 35k. Altcoins are below EMA200 TF H4, let's wait and see.
BTC is trading below all EMAs after spot ETF announcement. More and more altcoin are losing strength too. Time to lock profit and hold more of stable coin.
Watch closely on this. A nice rebound from EMA200 TF H4 too.
Same pattern as other previous break out. The volume is there too. Worth to take a small position.
Since BTC ETF approval, it becomes very hard to trade. We never know what the big players will do to the market. BTC is now losing momentum, beow its EMA200 TF H4. Be extremely cautious when the price is below EMA200. Stay on big cap coins - reduce position if you like.
This support should hold. You may want to wait for one green candle or enter small amount.
Tf h4 H&S is confirmed...expect a continue run above EMA200
The volume is now here in this H4 candle. The question is , can BTC continue to go up? Reversal pattern across the board - double bottom, divergence. I personally stay on big cap coin.
This coin never see a bull run. Yet, it has huge potential. Look for a turn point and enter a small amount first
Doesn't look like the follow buy strategy is going to work at this moment. Buying at support level, i.e. EMA200, EMA100, EMA50, will be more ideal during this volatile market. Focus on large cap first, e.g. BTA, ETH, SOL, AVAX, DOT, MATIC, etc. They are less volatile.