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RIVER
Tonight, for BTC/ETH (big pie and small pie) and gold as well, it’s definitely not a setup to chase longs. The U.S. stock market isn’t trading tonight, volatility is extremely low, and there isn’t much opportunity. So over the weekend, the demand to see a burst of chaos in small-cap alts should show up—you can appropriately pay attention to this coin.
① This coin is currently in an uptrend on the 1h/2h/4h timeframes, and it also has the momentum for accelerated, high-volume pumping—so you can look for an opportunity to go long by buying a pullback.
② Pay attention to the levels at 4.03/3.85. With a position size of 10-50, you can go in and execute. For small-cap alts, there’s no need for an oversized position—no need to add “icing on the cake” and take a few more puffs of smoke. If you’ve got money to spare, then just treat my words as if you didn’t hear them;
Take profit at 4.35/4.55/4.85, and exit 80% of the position—keep the remaining base position to protect against loss at break-even if needed, which can be left in place. Stop loss at 3.5-3.6. If the level breaks and it continues to drop with increasing volume, cut immediately without hesitation.
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Profits and losses in the secondary market are on you! If you can’t handle this altcoin, you don’t have to do it—this isn’t a must-do order.