Trading Crypto Coach
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After the correction, the impulse would push it break the last high. https://www.tradingview.com/x/rcv1MKID/
Take Profit depending on your risk appetizer
If you happen to keep then it's time for your TP. I reentered after the first exit. Also exit halfway to the TP. The third trade got tricked by BTC to exit few hours ago before the last big bullish candles.
BTCUSD continues to have an uptrend structure and signal candle on H4 just appeared at the supporting level. It's good sign for bullish. And this sure lifts up all other Altcoins
BTCUSD is on a clear uptrend on D1 chart and would reach the next target at 60k-61k level. However, you need to look for entry on lower timeframe for a good positioning. https://www.tradingview.com/x/LRZLQ2sz/
Be careful with some current structure of market in short-term
How we trade this? If the current H4 closes as a Outside bar (candle) that cover the last bearish H4 candle, then we can think of a Buy whenever the next candles make a correction.
If the current H4 candle closes as a bearish candle, then just leave it.
Most of the time, patience would pay back, don't jump in because you think you need to jump.
Dot is a good trade with good RR
I think BTC would reach its temp peak more or less around 59-60k, altcoins gonna sideways during this time till BTC goes sideways after reaching the year's peak. So, it's time to position well if you trade Altcoins.
Hope you all position well for your Alts before the move.