The trend is your friend, Bitcoin is spiking just in time before Crypto winter sets in. Below are the cryptos I am watching, I have added both longs and even a high probably short for the bears if you are fading this market!
I try to keep my trading simple as possible and rely on the least amount of indicators. When one of the coins I track hits the bottom the my Blockfolio app, I also check the chart on Binance to make sure it has touched the bottom of the bottom of the bollinger band. 90% of the time the price will not stay above or below this band, and I have found it a very useful guide in conjunction with the RSI. I have supplied arrows on the image below to highlight the areas of interest with the highest possible probability for successful trades.
Note I am not currently shorting XRP, but this area is where I am watching for a move one way or another, and if selling occurs from here the bears are in play and buy the next dip or rip!
