BTC 4H Trend Guide
Healthy consolidation overnight as BTC sets a 4H higher low, holding EMA12 support and heading back to recent highs. Bulls continue to buy consolidation and the alt coin space has responded very well. I plan on holding BTC as long as we are in a 4H uptrend, and going back to cash to play hourly oversold bounces and watch for a daily higher low when it is lost.
Alt coins have had some big opportunity recently. Remember they are much higher risk/reward and can be less liquid than bigger coins. It is important to set your own personal goals with trading. For example, saying "I am not trading alt coins because Dan does not" is not a good approach. i personally was highly aggressive in 2017-2018 which positioned myself to be able to be conservative from here on out with goal #1 to not give any of that profit back. If your goal #1 is make as much money trading crypto as you can, then you should have a different approach!
Alt coins have had some big opportunity recently. Remember they are much higher risk/reward and can be less liquid than bigger coins. It is important to set your own personal goals with trading. For example, saying "I am not trading alt coins because Dan does not" is not a good approach. i personally was highly aggressive in 2017-2018 which positioned myself to be able to be conservative from here on out with goal #1 to not give any of that profit back. If your goal #1 is make as much money trading crypto as you can, then you should have a different approach!
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