If BTC is Steady, We Are Steady in Small Caps Boi
Check out the latest blog post for more boi:
derzzycharts.com/blog-1/if-btc-is-steady-we-are-steady-in-small-caps-boi
Same deal, short weakness, buy strength. When BTC is giving the market room to breath, we own altcoins. It works every time. We don’t need to know why, we just know that it does. So what did we do today? We looked at the top 500 coins, and picked some charts to buy. Let’s have a look.
Here we have WTCUSDT and FTMUSDT. You don’t even need to know what they are, just that they have strong charts. That is the beauty of technical analysis, it could be anything! It could be corn, it could be soybeans, it could be any altcoin out there. If the chart looks good, we put in an order. We bought WTCUSDT earlier, but we are waiting for the pullback in FTMUSDT. So how did we pick these out of all of the charts? Good question… well we didn’t want bearish divergences on the RSI, we wanted a good cloud, and a MACD that had room to run. A lot of coins have pumped, but you don’t want to hold bags in crypto. So you have to pick positive charts. Don’t chase bro!
For a look at the indicators and the decisions, see the linked post.
Happy Trading!
Brandon Anderson
brandon@derzzycharts.com
derzzycharts
derzzycharts.com
derzzycharts.com/blog-1/if-btc-is-steady-we-are-steady-in-small-caps-boi
Same deal, short weakness, buy strength. When BTC is giving the market room to breath, we own altcoins. It works every time. We don’t need to know why, we just know that it does. So what did we do today? We looked at the top 500 coins, and picked some charts to buy. Let’s have a look.
Here we have WTCUSDT and FTMUSDT. You don’t even need to know what they are, just that they have strong charts. That is the beauty of technical analysis, it could be anything! It could be corn, it could be soybeans, it could be any altcoin out there. If the chart looks good, we put in an order. We bought WTCUSDT earlier, but we are waiting for the pullback in FTMUSDT. So how did we pick these out of all of the charts? Good question… well we didn’t want bearish divergences on the RSI, we wanted a good cloud, and a MACD that had room to run. A lot of coins have pumped, but you don’t want to hold bags in crypto. So you have to pick positive charts. Don’t chase bro!
For a look at the indicators and the decisions, see the linked post.
Happy Trading!
Brandon Anderson
brandon@derzzycharts.com
derzzycharts
derzzycharts.com
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