【Afternoon Review | 7 Coins Showing Bottoming Patterns Added to the Watchlist】
I spent a few hours reviewing the market this afternoon and picked out several assets with relatively clear bottoming structures:
GALA, AXS, CHZ, WOO, ATOM, DOT, SNX
What they have in common: After a period of correction, their bottoming patterns are becoming clearer. Some have already started to stabilize. The key thing to watch next is whether they can break out on increased volume.
My approach:
1. Add them to my watchlist first—no need to chase;
2. Wait for confirmation: a breakout on increased volume / a retest that holds;
3. Keep an eye on them in stages, manage position sizes, and use stop-losses;
4. A bottom is a zone, not a single day. Patience matters more than impulsiveness.
Worth keeping an eye on. I’ll continue to follow up. #BTC
I spent a few hours reviewing the market this afternoon and picked out several assets with relatively clear bottoming structures:
GALA, AXS, CHZ, WOO, ATOM, DOT, SNX
What they have in common: After a period of correction, their bottoming patterns are becoming clearer. Some have already started to stabilize. The key thing to watch next is whether they can break out on increased volume.
My approach:
1. Add them to my watchlist first—no need to chase;
2. Wait for confirmation: a breakout on increased volume / a retest that holds;
3. Keep an eye on them in stages, manage position sizes, and use stop-losses;
4. A bottom is a zone, not a single day. Patience matters more than impulsiveness.
Worth keeping an eye on. I’ll continue to follow up. #BTC