The altcoin market is a real minefield right now with many coins from high to low rank getting smashed and now having limp recovery bounces as Bitcoin pushes up.
The market makers have obviously decided to make things quite complicated this cycle; there are big winners and big losers and everything between at all times.
TRU rank 354 is waking up with a 12% pump so far today.
It has been quite shallow relative to the chart and that is positive.
Notice how it re-tested the shakeout supply line and now into what looks like a change of character (CHoCH) from the corrective wave into an impulse wave.
Looks like the next wave up is on and it could get very wild 🚀.
Not advice
The market makers have obviously decided to make things quite complicated this cycle; there are big winners and big losers and everything between at all times.
TRU rank 354 is waking up with a 12% pump so far today.
It has been quite shallow relative to the chart and that is positive.
Notice how it re-tested the shakeout supply line and now into what looks like a change of character (CHoCH) from the corrective wave into an impulse wave.
Looks like the next wave up is on and it could get very wild 🚀.
Not advice
Note
Tasty 19% pump yesterday 🚀.Looking quite bowled now as it is becoming impulsive and that is a sign of strength.
Much more to come on this one so long as Bitcoin holds up.
Meanwhile Cardano fanboys tear their hair out 😼.
Note
22% pump today - dont mind the trolls 🚀.Note
Had a quick slump but that has been quickly eaten up by buyers; now almost 50% up since I made this thread just 10 days ago.Dont mind the trolls 🚀.
Note
Was up 90% from our entry a few hours ago 🚀.Its made a new high so we could see a pull back but this chart looks very bullish overall and I think it will see a higher time frame wave up 👍.
I have other trade setups like this, some yet to breakout. I dont share them all with TradingView 🧐.
Note
Re-test looks close to complete.Could be next wave up soon and its clear sky above;
It could get very wild.
Trade closed manually
TRUSimilar to IONQ but in a different part of the chart, TRU printing a bearish engulf today.
Notice the bearish divergence that will print if TRU plunges lower.
Also notice the lightly higher high could be Wyckoff UT.
So this could recover, but I like profit and cash on the side to buy other coins another day.
I have taken profit here 👍.
Note
1 hour crypto video: 
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
Disclaimer
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Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.