Hi Market Snipers,

Today, we had our friend JustArnold on the livestream. The convo was packed with trading wisdom, and it’s worth watching the full stream yourself.

He walked through exactly how he bought $SOL at $20—a 800%+ gain so far! He’s up over 100% on $ADA, and he shared his next price target for $ADA too.

His process is simple—anyone can learn it—but it takes work to master.

He’s been actively learning charts from Jesse for the last two years. He’s a great guy and actively posts on his Twitter and in our Discord.

Here’s what he said…

1. Start with the big picture

When JustArnold bought $SOL at $20, Bitcoin was already up 70% off the bottom and $SOL had already jumped 150%.

But he knew he didn’t have to buy the bottom to get great returns.

Arnold saw Bitcoin making its next move up, and he wanted to catch an altcoin that would right the wave too.

2. Draw out your trendlines

JustArnold watched $SOL on the weekly chart, and drew out his trend line.

$SOL went down for 8 straight weeks before starting to reverse.

He prepared himself mentally so that when $SOL broke the trendline, he’d be ready to buy. He knew his entry, stop-loss, and how much he was willing to risk.

3. Follow the trend

JustArnold is now following the dots on the Sharp Shooter Indicator to stay in the trade. As long as the green dots are under the price of $SOL, he knows he’s in a pretty good spot.

4. Watching for bearish divergence

JustArnold said his plan was to push the trade as long as he could.

Specifically, he’s looking for when Bitcoin starts putting in bearish divergence, where price puts in higher peaks, but the SharpShooter RSI gives lower peaks.

In 2021, $SOL had multiple bearish divergences before breaking down for the bear market.

[BONUS] JustArnold’s next target for $ADA

Two days ago, JustArnold posted this chart in the Discord:

Want to learn to buy $SOL at $20?

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Disclaimer

The contents of this newsletter are expressed in my opinion only, none of which is financial advice. Always do your own research as this information is intended for educational & entertainment purposes only.