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Beetcoin [10K BTC on LN] @Beetcoin
, 16 tweets, 8 min read Read on Twitter
#ALTS $ALTBTC - TOP 10 (Large caps)
#ALTS $ALTBTC - Top 10 with:

- Consolidation / impulsion (arrows) #consimp
- 4 Stages
#Trading - Trade less, rest more

Be brave & not greedy to make the leap by starting to cashing out when things are fishy (S3)

This is how you keep an edge, head & shoulders above the crowd who's lag trading when they should'nt. Throwing the towel when you start trading again.
My Fav quote: "Recognize real trends (S2/S4) and turns (S3 or S1)" with the eyes (#TA)

Most difficult part: "Dump your emotions/feelings"

There is no way to know if S1 is over and S2 starting. It might fail and continue S4

This is why you'll ever trade probabilities and not certainties.

One thing you're actually quite sure with that model, is that S4 is not an S2. You can then take a break, counting your bills.
#ALTS $ALTBTC - TOP 10 (Large caps)

in a 12 days consolidation so far. With a positive retrace/test of previous resistance.

Waiting for the next impulsion.
Trade less, Rest More: Quote for S3 (once scaled down) and S4
#ALTS $ALTBTC - TOP 10 update, quickly faded, no impulsion or breakout on the upside. Went <50 rsi (bottom indic)

if you basically followed this method, you're just out of the $alt market for a month now (blue/red area = cash out then no trade)


slight strength, watching closely.

Remained amorphous. Still weak (S4) - failed micro S1 to reverse.

Bleeding heavily with the recent $BTCUSD pop. There is still no reason to speculate on the long side.

Printing a huge Lower High, Lower Low.

Update to continue this thread for educational purpose.

I've actually spread some in many other tweets, search on twitter "from:beetcoin ALTBTC" to check them out.

As my followers know, started to tweet bullish biais 5 days ago on another similar thread (cleaner chart) and longs 3 days ago in my feed.

For this educationnal thread, we can clearly see a shift from S1 range to S2 (=Risk ON)

Daily View + RSI 💘

Stopped out on many alt trades.

A loss is not an issue as long you understand and control what you are trading.

In this case S2 is on a weak start. I prefer to cut losses early, and reasses if it holds the level and show strength in few days.
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