...therefore do not sell allllll your alts for BTC just because of this. You can surely sell some! :)
Besides BTC.D finding some horizontal support and breaking a trendline! This might possibly lead to a double bottom driving the RSI higher.
what am I doing? Taking some days off!
Good luck!
Comment
⋅
I think that double bottom scenario is becoming less probable. If BTC goes higher...BTC.D will go up first possibly creating a lower high. If it does not create a high at the same height as the previous one, then the descending triangle formation is more probable! => Bullish for the Alts
This bullish scenario for ALTS would make sense with the TOTAL3: