"Buy the dip on alts" they say
But theres no mention of how to action this:
So here's something relatively simple and actionable
In a recent stream, I outlined a simple yet effective approach for positioning in alts:
Mark out the July Monthly Open (M/O) on the chart.
Identify confluence with a key demand zone, this is your area of interest should they align.
Look to buy pullbacks into the M/O, using the zone as a base for entries or scaling in and pay attention to microstructure.
If alts are gaining momentum over the coming weeks, the Yearly Open becomes a clean upside target (if its higher)
From what I’ve seen across multiple alts, this setup offers 3R to 5R potential, depending on how you structure the trade.
Cheers
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