not only a lot of altcoins broke downtrending structures and pumped, a lot of them have continuous increasing volume too, so locally we are looking very good
Even if bitcoin would theoretically go back to 76 or 68-73k before new highs, the bull market either started or is very close.
I bet my ass against new lows - if 70k would come imo its an all in territory for this Supercycle.
Will look for a few altcoin long setups for either reclaims or pullbacks
I will keep leverage strictly very low if i use it and play rather wide invalidations - imo that increases rr tremendously
My main destructive behaviour in the past has been to ramp up lev too high and even on very good entries get shaken out cause i cant absorb the few % against me before the massive Moves to the upside.
So a strict habit i can recommend for most of you is to keep leverage ESPECIALLY on alts in check and rather give wider invalidations. It may save your life
Post #17068
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