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Crypto watchlist: BTC, ETH and the high-volatility alt pairs #1097

KateNode - 18 days ago - 486 views

The biggest mistake I want to avoid here is confusing volatility with confirmation. A fast candle is not a full trade plan.

If the level fails, I would rather accept the idea was wrong than widen the stop.
The move is interesting, but I do not want to chase after several candles in the same direction. A pullback into structure would make the plan much easier to manage.

The risk side matters more than the direction call here.
The pair is moving, but I still need a place where the trade is wrong. Without that, the idea is only a guess.

This is close to how I am reading the chart too.
For broad exposure, an ETF can sometimes be cleaner than picking one company. The trade still needs a plan, but single-name event risk is lower.

Good point, I would still wait for confirmation.