In recent days, in the crypto-markets, I see the same picture: coins emerge from a prolonged falling trend with sharp jerks up. I will not talk about the Storm with its 200% for 1 day, I'll show a few other examples.
EOS (EOS), 6-th in the CMC rating:
TRON (TRX), 13-th in the CMC rating:
ICON (ICX), 19-th in the CMC rating:
Binance Coin (BNB), 20-th in the CMC rating:
Loopring (LRC), 54-th in the CMC rating:
Here I showed 5 of the most grown coins from the top 100 according to Сoinmarketcap (CMC).
What must be noted: this is a new coins, in old coins there is less excitement. So an approximate strategy in order to join this movement in the market:
- It is necessary to look for new coins to open a long position, not more than one year from ICO date.
- The best type of graph: a deep drawdown 3-5 times from the ATH, followed by a long lateral movement in the range.
In previous recent posts, I have already found two suitable candidates - Substratum and AION.
In the near future, I plan to scan all the coins on Binance, stay tuned on my blog!))
p.s. Although it is not yet clear whether this is the beginning of the overall growth of the alt market, or simply a rebound (dead crypto kittens bounce???)