Luc, do you think you could do a video just on selecting coins that are thin, just to trade small dollar amounts? I know you have mentioned it in other videos, but maybe a full video if possible?
An example would be CURE/BTC.
I know the strategy isn't the same, but is the idea that you just wait for a base to happen(a spot where price gave a strong bounce), and then just buy that support?
On these types of trades, do you take the stops when they happen if price wants to go a bit below the entry? Or are you holding and adding like typical?
An example of the strategy I am thinking about can be seen in the pic:
https://www.coinigy.com/s/i/596b1efc89f6c/
Note how the horizontal scribbles are the bases I am thinking about, and are formed when there seems to be a 'lot of buyers' from that price where price bounces. The horizontal line next to the scribble, is just the approximate buy area.
In that second to last example in the pic, you'll see I have a box around that one example, would that be an example of something that might be a potential loss in this two month span of data? Or would that be buying a bit lower and looking for the bounce as the typical strategy of buying the panic dips?
RE: The Coinigy Market Scanner will be a game changer