Sep 23, 2022
Bullish breakouts and coins in uptrend: XRP, COMP, CHZ, CAKE, ATOM | trading video | altFINS
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Despite market continuing to trade choppy in a sideways manner, we’re still seeing some bullish breakouts and coins in uptrend: XRP, COMP, CHZ, CAKE, ATOM. Please check our Curated Charts section for details.
The full video is only for subscribers and hodlers! Find it in altFINS Education: Trade with Richard video.
Richard builds a quick market screener to show coins in an uptrend, emphasizing that trading with trend (trend is your friend) is a key principal when trading in any market or instrument.
He also reviews his last trade in EOS and places a new trade in a coin that is trading in an uptrend but has experienced a pullback to a support level.
There is more evidence that price could experience a rebound:
- Golden Crossover
- MACD histogram inflecting bullishly — swing entry
- Selling pressure easing up
- Pullback volumes are tapering out
- Reached horizontal support and 200-day moving average
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