If you are attentive about the market ( BTC and ALTCOINS ) you may see that they are trending the same way these days, and when i say the same way, i mean that they give the same signals which are bullish divergence on 4h and 1h for most of big alts. If i saw a bullsih div on only one alt, i wouldnt have really noticed, but the market seem to have been to low to fast as every altusd show the same pattern. The divergence is present of many of them, and there is an iH&S present of many too, not all but somes. We can also see that Bitcoin's RSI is on a support trendline and has formed a diamond, and forming theses same pattern on lower timeframe, which make me think that we may see a correction, if not a little bulltrend ( ofc its too early to affirm anything right now, im only talking about a possibility ).
Anyway, if we may have so green, lets be attentive about a first green candle first to take position, because its always good to have more confirmation, and right now, there is no price movement and no volume.
Waiting for one or another, if not both is the wiser actually.
Anyway, if we may have so green, lets be attentive about a first green candle first to take position, because its always good to have more confirmation, and right now, there is no price movement and no volume.
Waiting for one or another, if not both is the wiser actually.
Comment:
RECTIFICATION, we may continue the div making a lower low compared to the prevous one, and we may rebound when the RSI hit the support trendline ( div trendline ) on 1h