Wonsu

Altcoins possible trend reversal

Long
BITTREX:STEEMBTC   STEEM / Bitcoin
With a lot of altcoins reaching new ATLs every month, we now might be able to look for a bottom. Steem is giving us a good example of RSI and MACD bullish divergence which is also vidible on 1D timeframe. Short term the price should reach at least top of the falling channel , but it also could signal trend reversal and possible bullrun, and not only for Steem but also for a bunch of other markets.
Similiar patterns are visible on 4H and 1D timeframes for XEM, BAT, DGB , ENJ , XTZ, TRX or WAXP.
So I guess it's a good moment to put a few more coins to your watchlist.
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