And can you find out what his analysis is based on? If the altcoin season has already begun, why are they being sold out and transferring their money to Bitcoin? Personally, I think it hasn't started yet. Please correct me if I am wrong.

The best coin to trade is the one in which the situation is such that the probability of earning is 80%. I don't think you need to get hung up on a particular instrument. But do not forget to look at the general mood of the market, then there will be no problems with trading.

I suggest that you run an experiment and ask ten different people who are engaged in wave analysis to analyze a currency pair for you, and I am almost sure that all 10 results will be different, since everyone has a different imagination.

I believe that it is almost impossible to predict the pivot point, because at any moment an uncle with a lot of money can come to the market and change everything. We cannot download that the market has reversed until the structure changes. In the future, the trend reversal points become an area of interest and a lot of liquidity appears in these areas, which is very good for trading.

I can say the following about overbought conditions. Let's take as an example the SP 500 index, which has been growing for about 100 years. Most good analysts say that the markets are overbought, but despite this they continue to grow. Therefore, it is very difficult to use this factor in your trading.

Trading in financial markets is a risky type of activity, as I wrote earlier, I would advise you to have a trading algorithm written on paper, which will indicate what you will do if the price does not go to your side, but this may happen. You also need to trade with a clear head, not on emotions, if you are annoyed or upset, then it is better not to sit down at the computer.

If there are problems with psychology, then for such moments there is a stop loss and take profit. These two tools are very helpful in trading, the main thing is not to be greedy.

The sealed trend can be understood by observing a large impulse movement after which there was a small broach, but there was no big correction. In this case, the trend can be called strong. It is better to trade when the trend is strong; in no case should you get up against the trend, because it is useless to argue with the market. You can also pay attention to vertical volumes, but without certain knowledge, they most likely will not help you.