Note: Another chart continuing off from the previous post, link supplied below. Also note, log disabled on the chart.
As per the chart, another LIVERMORE cycle completed and I have scenario 1 more likely at this point than scenario 2 with a daily hidden bullish divergence. Note how the RSI supports scenario 2 so far. We also have BTC dominance dropping while the ALTs keep driving up.
I got my scenarios mixed up. Scenario 2 is more likely at this point
Trade active
⋅
Another possible scenario where we see a bottom reversal formation to go long. With many of the ALTs, we should expect some reversal macro pattern. Hence this hypothesis.
Comment
⋅
LEND BTC pairing hypothesis, the bottom trend line is critical support