Brothers, stop looking at Bitcoin drawing patterns over there.
I'll give you a conclusion directly: April, altcoin season, it's a done deal.
It's not me bragging here, you can check the K-line chart yourself. Recently, how many altcoins are just lying at the bottom pretending to be dead? I've been watching them for several months, that feeling is too familiar—accumulation.
What is accumulation? It's like the market makers are like a vacuum cleaner, secretly picking up all the cheap chips. You see those few coins, the daily chart's bottom divergence has been broken several times. Every time you think it's going to break down, it just stabs you back with a spike, and then slowly grinds again. Isn't this a clear signal telling you 'I'm stocking up, don't disturb me'?
Currently, the two I’m focusing on are $XNY and $ENJ. Their trends are like they were carved from the same mold. The bottom has been consolidating for a long time, and the volume has shrunk like an electrocardiogram. Occasionally, they throw in a spike to scare off all the weak-handed retail investors. This is the typical 'darkness before dawn.'
My strategy is very simple: place orders in batches; if you get filled, it's a profit, if not, just enjoy the show. Anyway, this position is much safer than when I was chasing highs before.
To be honest, this kind of opportunity doesn't come by often, even once a year. One can't just expect to gain everything at once, but when the opportunity arises, you have to take a seat at the table, right?
However, to be frank: I’m just sharing my views, and if you find it reasonable, you can reference it. Gains and losses are your own responsibility, mindset comes first! Don't be the one who runs the fastest when the dealer makes a move; not even a god can save you then.