I remember back in July when the alts made their first market cycles, and after breakout of the previous ATH they go into ascending triangles before the big 1,2,3 Elliott Wave sequence.
We have Bullish Divergence on the MACD, along with a strong oversold bounce on the daily RSI.
I noticed a lot of traders are calling stellar bearish due to the previous market cycle, however, I still see Bullish continuation still to come!
If prices hold this trend line we very may see this ascending triangle play out nicely.
We have Bullish Divergence on the MACD, along with a strong oversold bounce on the daily RSI.
I noticed a lot of traders are calling stellar bearish due to the previous market cycle, however, I still see Bullish continuation still to come!
If prices hold this trend line we very may see this ascending triangle play out nicely.
Trade closed: stop reached:
#rekt
Will post bearish outcome
Will post bearish outcome