ALT coin follow up
Wanted to touch base on alts for those who are in them.
It looks like many are continuing to break down.
$Pengu has broken down from what it was trying to establish as an accumulation range. At this point there is nothing to stop it from going all the way to its original price. (image 1).
This is a great example of why I generally buy things after the accumulation zone when things start to move north.
Two other examples are $FART coin (image 2) and $SOL (image 3)
This is a great time to sit on your hands with alts, and be patient for good opportunities once the have confirmed a bottom with a higher low and a higher high.
Until then... I am going to be moving some money to stocks, and start hunting for better opportunity there. I will of course keep you all posted.
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4 comments
Charlton Haupt
5
ALT coin follow up
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