Altcoin Trading: Quick & Smart Chart Setups
1. **Breakout + Volume Spike**
- *Setup*: Price consolidates in a tight range (triangle/rectangle) on 15m-1h. Enter on a candle close above resistance with 2x+ average volume.
- *Stop-loss*: Just below breakout level.
2. **RSI Divergence (4h/Daily)**
- *Signal*: Price makes lower lows, but RSI (14) shows higher lows = bullish reversal. Inverse for bearish.
- *Confirmation*: Pair with a breakout of a minor trendline.
3. **EMA Bounce (9 & 20 EMA)**
- *Trend*: Uptrend = buy dips to 9 EMA (1h/4h). Downtrend = short rallies to 20 EMA.
- *Add volume*: Spike on bounce adds conviction.
4. **High-Timeframe (HTF) Support/Resistance**
- *Key levels*: Weekly/monthly opens or previous swing highs/lows. Buy dips to HTF support (e.g., $0.75-$1.00 psychological zone).
5. **Parabolic Short (1h/4h)**
- *Signal*: Altcoin pumps 50%+ in <24h with weakening volume. Wait for a bearish engulfing candle + RSI >90.
**Quick Analysis Tips**
- **Volume is king**: Pump without volume = fakeout.
- **BTC correlation**: If BTC dumps, most alts follow (adjust entries).
- **3:1 RR**: Always aim for 3x reward vs. risk. Cut losses fast.
*Focus on 2-3 setups max. Altcoins move fast—stay disciplined.* 🚀
