Weekly Bullish Divergence on Bitcoin-Clones Basket (LTC-NMC-PPC)
Coupled with a false breakout, we might see a medium-term rock bottom.
The false breakout is giving a nice 3 bars pattern "kangoroo tail" discovered by Alexander Elder which uses also or divergence to select them. Which is the case.
Reversal might takes time to unfold because of the , but this offer a good risk/reward on the current dead altcoin clones.
Remember, this is a very high level "macro" view. Be wise.
Risk was bear minimum (-5%) and reward is quite high so far (+40%). Ratio Risk/Reward up to 8 and counting !