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armandoizquierdo
Oct 26, 2021 6:32 PM

ALTS look primed for a move vs BTC Long

Litecoin / BitcoinBinance

Description

Below a list of ALTS vs BTC charts that look ready for a move.
Most of these ALTS have been dormant vs BTC and for the past 2 years have either grinded slowly lower or have been going sideways.
All these ALTS are now sitting at key levels and some are displaying interesting RSI bullish divergences on the weeklies.
Furthermore volatility has been extremely low over the past 2 years (as displayed by the ATR indicator).
Long periods of low volatility precede periods of high volatility and therefore we can expect some big moves in the near future.
The risk reward at these levels is very favorable for LONG trade setups as long as your happy to be patient.











Comments
steve20201
Below where?
armandoizquierdo
@steve20201, Apologies, charts should come up now. Had issues adding them. Thanks
steve20201
@armandoizquierdo, I see em now! Thanks!
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