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
, XTZ, TRX
So I guess it's a good moment to put a few more coins to your watchlist.