This signal tells us that this pair is ready to move up and grow.
The is now at 60. A few months back, we would see the sitting at 10, 15, 20 and such for most altcoins even if they were moving up.
Now we are seeing strong across the board even while these pairs are hitting new ATLs .
Now that KMDBTC is back above EMA50, we can expect more action.
The next and main target is marked on the chart with a bold dashed magenta line.
I marked two additional targets for short-term gains.
Remember to have a plan and use a stop-loss if you decide to trade.
Thanks a lot for reading.
It's been a few months since my last chart... I'll publish a new one soon.
Thanks a lot for the reminder.
Not hopium... Technical analysis that works.