👀 Altcoin Watchlist
Before entering an altcoin trade, I look at:
1️⃣ BTC direction
2️⃣ Trading volume
3️⃣ Support & resistance
4️⃣ Liquidity
5️⃣ Market sentiment
6️⃣ Risk/reward
An altcoin can look strong, but if BTC suddenly drops, many altcoins can lose momentum quickly.
Which altcoin are you watching today?
#Altcoins #CryptoTrading #BTC #BinanceSquare
Before entering an altcoin trade, I look at:
1️⃣ BTC direction
2️⃣ Trading volume
3️⃣ Support & resistance
4️⃣ Liquidity
5️⃣ Market sentiment
6️⃣ Risk/reward
An altcoin can look strong, but if BTC suddenly drops, many altcoins can lose momentum quickly.
Which altcoin are you watching today?
#Altcoins #CryptoTrading #BTC #BinanceSquare