Short term $alt (altlayer) prediction!45% possible gains!

Hello Traders,

Another short term possible prediction.... I am expecting possible breakout on the short term. Daily chart seems like repeating the previously formed pattern.I will update this cart as we go.
So far ALT is able close daily above Ema20 which is also very positive sign at the moment!
Btc need to be watched all the times. Btc going either direction at the full speed could possibly change the outcome for the whole altcoin world in a good or bad way!

Comment:

Already up about %6. This looks like a call before the take off. Of course joking. Anything can happen in crypto land without any signs. ALT Layer showing quite of a bit the strength at the moment. Definately worth to check their info and website etc. Currently waiting for $0.6 break. Once that break happens we need to focus on the volume. If volume is strong at that point of breakout, we should see strong follow up right after very brief correction. Some crazy stuff happening in the current market and this coin could be good candidate for such attraction.

Comment:

$0.6 break just happened as I was expecting and it happened quite fast! Volume was on the high end too so far everything going as planned. Best way to continue from the current $0.63 level is to correct here slightly towards as low as $0.57-0.58 levels and charge towards $0.7 levels. If we push this here without and correction on shorter time frames, reaching the target could be a lot harder!

Comment:

woow everything happening in a light speed! $0.58 correction happened within an hour! Very powerful textbook style. once we complete short frame correction we should attempt $0.7 in no time! Volume looks really good. Only matter of time! grab your popcorns!

Comment:

Strong 4 hr hammer candle being built as we speak while btc being corrected. Alt/Btc chart also lit like x-mas tree. Does take a genius to understand where we going next! Hopefully no Big BTc chrashe even then we could be fine with this momentum. Daily volume up nearly 80% to above 220 million usd mark which is huge compared to current market cap size.

Comment:

So far so good. We are almost stable above $0.6 range or getting there. Some weak hands trying to sell before the $0.7 which is good news for prospect buyers. Anyhow we should see one major wave within next few days. Could be directly towards $0.7 range or straight towards near $0.8 zone! Patience is the key here! Once you sell you are out!

Comment:

Temporary setback due to mini BTC crash. If Btc goes sideways a bit , altcoin season could restart with fire. if that is the case, price action could exceed my initial target.
Currently on the daily chart we can see clear $0.5 mark as support line. Few successful attempts to go below daily support line on shorter time frames but met with strong buying force. So far Alt/Btc pair gaining the earlier losses so all the signs out there again!

Trade closed: target reached:

we have reached the target $0.7 range momentarily. We could go up a bit more but it is beyond this ideas scope! Enjoy 45% gains!

Comment:

I will update this chart with new prediction soon!