Profitable Strategy with minimal TA

THE IDEA: Bitcoin dump is a stress test to the coins , the one who bounce back more than the other has more strength ( hidden factors)

https://i.postimg.cc/wx7WzFrr/strategy.png

Only do this for non-scam projects (check my previous post). low risk of insiders dumping( founders , early investors , team ..etc.)

I was doing this for some time and gained some profits with it. However, I didn’t complete this strategy because it needs further optimization.

Step 1: When Bitcoin is dumping, this is the moment to evaluate the strength of all cryptocurrencies and their potential for rising.

Step 2: Wait for about 15 minutes and check which one has bounced more than the others.

Step 3: Perform a small technical analysis (TA) to identify resistance and support levels. Check if this coin has any resistance coming up.

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