Each time Metal (MTLUSD) moves above EMA50 a strong bullish wave takes place.
We can see how this pair is bullish above EMA50. How it trades above EMA50 and how it bounces off this level.
Currently (right hand side of the chart), this pair is ultra-bullish based on this same/simple signal. Metal moved above EMA50 and tested it as support, confirming the bullish breakout and is now growing above this level.
Just to give you an idea, the pair MTLUSD has been closing green for the past 10 days, this normally precedes a very strong bullish jump.
Taking into consideration that there was a flash crash 17-August that ended in a higher low, we can expect something similar for many Altcoins like this one.
This one is set to grow. Each pair/project chart needs to be considered independently, separately, of course, but we can still get a picture that many, if not all, the Altcoins will grow. Several X within days....