derzzycharts

WTCUSDT and FTMUSDT - Small Caps Boi

Long
BINANCE:WTCUSDT   Walton / TetherUS
Check out the blog boi:
https://www.derzzycharts.com/blog-1/if-b...

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!

WTCUSDT checked those boxes, so we bought it right away. How about FTMUSDT?

Well we decided to wait on this one, not because the indicators weren’t bullish , but because price itself is still very important, we want to see a higher low, then we will enter a position! We could be wrong and it could rip… but trading is like baseball with unlimited strikes! There is always another trade, mate. Keep your head on a swivel.

Happy Trading!

Brandon Anderson
brandon@derzzycharts.com
@derzzycharts
https://www.derzzycharts.com


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.