The blood-red market is where trading strategies come to play, and professional traders set themselves apart from amateurs. For example, a good trading strategy in this situation can be focusing on some altcoins. And you guessed right! We have three altcoins selected for you.
There’s blood everywhere in the crypto market.
But these are the times that professional traders make good money.
A good trading strategy now is focusing on altcoins as they are mostly 70% to 90% below their ATHs.
We have three altcoins for you that are positioned for a bullish breakout with one crucial condition.
The condition is for BTC to flip the 32-35k zone to support. Here are the three altcoins:
Cardano (ADA)
ADA’s performance in June can be a good signal of the crypto’s potential bullish update.
And if the broader crypto market experience a big bounce, ADA price may surge more than 80%.
Polygon (MATIC)
MATIC is a good asset fundamentally because it can avoid any government scrutiny.
The altcoin is an environmental example and is aiming for the $1 mark.
Stellar (XLM)
XLM lags the altcoin market and is among the few altcoins not hitting their ATH in November 2021.
But the clear falling wedge pattern can be a good signal of a surprise. The surprise of a $0.4 XLM.
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