It's time for ALTs to shine
The bull is back in town with big daddy BTC swinging its dominance to a high of 63.
The next opportunity and $$$$ is in alts with signs of price exhaustion in BTC and a down tick in dominance, after all a massive run from 4k to 8k since the start of April can't last forever, we can see this already with a divergence as crypto total market cap increases while dominance is moving down.
We are going to avoid ethereum as it moves too closely to BTC, instead we are gonna target midcap alt's that are unloved as money will eventually rotate away from BTC to chase bigger gains.
On the list is:
XRP: look at the chart on this thing, demolished, bag holders are either in a grave or en route, it's already started moving, so lets buy some and take profits after every move up and add a bit more on pull backs.
TRX: i'm not a fan of Justin Sun, but he knows how to market a shitcoin. This hasn't moved much so we can take a small position and hope he actually puts his money to something useful, like pumping his own fucking coins instead of fake binance bail out bullshit.
ADA: we had a little pre pump that got people excited followed by a deep ~60% retracement, another nice candidate.
IOTA: Unpumped coin that needs some love, it would also be nice if they had some fundamental news.
0x: barely moved throughout the year, sit on this baby and wait, bonus points if they have good news.
Of course there's lots of coins out there that I haven't even looked at, do your DD, pick a shit coin that hasn't pumped and sit tight for a while.
The next opportunity and $$$$ is in alts with signs of price exhaustion in BTC and a down tick in dominance, after all a massive run from 4k to 8k since the start of April can't last forever, we can see this already with a divergence as crypto total market cap increases while dominance is moving down.
We are going to avoid ethereum as it moves too closely to BTC, instead we are gonna target midcap alt's that are unloved as money will eventually rotate away from BTC to chase bigger gains.
On the list is:
XRP: look at the chart on this thing, demolished, bag holders are either in a grave or en route, it's already started moving, so lets buy some and take profits after every move up and add a bit more on pull backs.
TRX: i'm not a fan of Justin Sun, but he knows how to market a shitcoin. This hasn't moved much so we can take a small position and hope he actually puts his money to something useful, like pumping his own fucking coins instead of fake binance bail out bullshit.
ADA: we had a little pre pump that got people excited followed by a deep ~60% retracement, another nice candidate.
IOTA: Unpumped coin that needs some love, it would also be nice if they had some fundamental news.
0x: barely moved throughout the year, sit on this baby and wait, bonus points if they have good news.
Of course there's lots of coins out there that I haven't even looked at, do your DD, pick a shit coin that hasn't pumped and sit tight for a while.
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