Crypto Market Status 29th May - Ready for the Pump? š„
After yesterdayās minor correction, the market is back in the green and pointing towards new heights.
As expected, $BTC continues to range between $67k and $70k. At the same time, many altcoins have broken out of their sideways or downward channel. $LINK and $JASMY are just two prime examples, among many others.
Personally, I expect some massive upside potential during the next weeks especially when updates about #ETHETFS are released. As a result, we should see a further decline in Bitcoinās dominance.
Therefore, the game plan is relatively simple:
š Donāt chase green candles
š Wait for smaller pullbacks and hop on the most promising trade signals
š Go for tokens that have shown strength during the last days/weeks
š Enjoy the ride
#altcoins #tradingstrategy