Crypto trader Michaël van de Poppe is naming three emerging altcoins that he says are flashing buy signals as they gear up to resume their bull markets.
In a new strategy session, Van de Poppe says that SKL, the native token on layer 2 network SKALE is presenting a massively favorable risk to reward ratio in its Bitcoin pair (BTC/SKL). The analyst names the 0.0000079 level as a key entry point to go long for BTC/SKL.
“You’re pretty much having a massive risk/reward ratio above the fact that you don’t buy into FOMO (fear of missing out) candles, and yes it takes time but hey, it’s trading, it’s investing, it takes time…
Even in crashes, you can make a ton of money. You have to have liquidity. You have to have cojones, and if you have that, then you’re able to make a big amount of money trading and investing.”
Next on the trader’s watchlist is Ethereum-based scaling solution