coinselor

Themis (GET) - Spring Capitulation? @coinselor

Long
HUOBI:GETBTC   Themis / Bitcoin
This is one of the clearest reversal patterns I've encountered so far in any altcoin. Allow me to explain.

First, we were not able to make new all-time lows. This is very significant. It shows the market refusing to even test that price level. Secondly, there was a spring capitulation candle that broke a previous range ( doji candles in succession) to the downside. What is critical above this capitulation candle is the volume . Notice the ridiculously low volume , indicating there are very few people willing to sell below this price level.

Really interested in seeing this one play out.

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