There Is A Strong Bounce Incoming For Altcoins (Get Ready)

Crypto Banter • 5 days ago

Original source

What This Video Is About

The host is bullish on the markets and is starting to long coins, with a focus on building portfolios and sharing their strategy to 5x their accounts. They analyze the current market and predict a relief bounce, followed by a pause or slowdown, and then a continuation.

Major Ideas Discussed

  • The host is bullish on gold and the stock market, with a closing candle last week indicating a bullish trend.
  • They predict Bitcoin will reach $84,000-$85,000 this week, with a bullish weekly close.
  • The host's game plan involves a relief bounce, followed by a pause or slowdown, and then a continuation, using a trend line on the daily chart.
  • They have opened positions in Suie, Render, AAX, and Salana, with stop losses set at $87, $1.6, and $93-$94 respectively.
  • The host analyzes various altcoins, including XRP, Injective, AWE, Immutable X, and Bit Sensor, seeing potential for big moves.
  • They predict a drop in Bitcoin dominance to the top point of the wedge.

What to Watch Next

The host will be sharing more trade setups and analysis throughout the week, with a focus on building portfolios and growing accounts.