How to Find Altcoins That Have Anomaly Movements?
One of the Altcoin trading strategies that can be employed is to look for which Altcoins are experiencing 'anomaly' movements, or moving against the general market trend. Sometimes when Bitcoin is down, these Altcoins tend to rise, making the profit potential much higher.
#1 Pay Attention to Hot Narratives.
When a certain narrative is 'hot' in the market, usually the Altcoins that fall into that narrative will not experience a decline. When the meme coin narrative is hot, all meme coins will experience an increase even when Bitcoin is down.
#2 Pay Attention to Certain Events.
Often the price of an Altcoin will rise if there is a major event such as a product launch, mainnet, or other events that align with the roadmap. We can check for events from certain Altcoins to prepare for potential increases.
#3 There is Unlock Potential.
Sometimes the price of an Altcoin tends to rise as it approaches an unlock, during which developers and teams often do not want to sell at low prices when they are about to hold their tokens. This moment can be utilized to gain more profit in the market.
#4 New Listing Tokens.
Various Altcoins that have just been listed often receive high traffic and experience price increases. Therefore, trading new listing coins often provides substantial returns.