Altlayer Enters Bullish Zone (Leverage vs Spot Trading)

7 Okt

Between August and September, Altlayer (ALTUSDT) produced a bottom pattern on the chart, the classic Adam & Eve. This happened below a low hit in July. As the action moves above this low, we are in bullish territory.

Now, things can be tricky. This pair is set to grow and will grow based on the data coming from this chart. But, there can be another drop, very small ending in a higher low followed by a price jump or it can grow straight up.

The highest volume ever came 19-September, to recover from the bottom pattern. So the signals are present but it takes time for the bullish wave for develop. It can be days, weeks and sometimes even months before we see massive growth.

It does take time but once the consolidation is over it grows fast and strong. So this is mid-term. We buy and hold. We can have expectations but these expectations do not matter. The pair does not have to start growing the next day we buy or share a trade. It can move slowly higher or slowly lower, it can go sideways, it can grow strong right away. This part we do not try to predict. We catch the bottom, buy-in and hold. We let the market take care of the rest.

We don't follow the 1-minute chart instead, we focus on the long-term.
Buy low to sell high. You can't go wrong with this strategy.
If prices drop, wait patiently, it will recover and once it turns green it will worth the wait.

It is better to earn 100% in 30 days than losing it all through honest mistakes. I am talking about margin and leverage, it is for experts only; only after being successful for 2-3 years trading spot should you consider leveraged trades. Or ignore leverage trading completely and do it the easy way. No anxiety, no liquidations, no stress.

This is not financial advice.

Thanks a lot for your continued support.

Namaste.