Thread by @VentureCoinist

1/ Since alts are so highly correlated, finding patterns in coins that are already moving can lead to new ideas.

Noticed a pattern with $AE & $CMT last week.

- Dec low formed
- 2nd touch of Dec low then move up

$AE reached swing high so I can anticipate $CMT will too.

2/ Looking this morning at how this pattern is progressing just a few days later.

- $CMT reached swing high, as expected from pattern

Now I want to focus on the lagger or how I can take advantage of the highly correlated alts: playing the lagger > $ELF.

3/ $ELF update. Ripping up from cycle low +25% towards swing high.

Review the thread as this is a strategy that I think everyone can apply, using alt correlations and cycle low levels to your advantage.

4/ If you want a FULL walkthrough of this method, here's a short clip from my daily webinar with trycryptosync.com team.

Outline:

- Find pattern playing out in 2 or more coins
- Understand alts are correlated
- Use pattern + cycle lows to find NEXT coin in same pattern

5/ Last component to approaching alt setups this way is by thinking about which play makes the most sense from a risk perspective.

What happens if $BTC drops or alts are start dumping again?

Buying cycle lows or the RELATIVE lagger/cheaper puts you in a better position.