This is the general altcoin sentiment! If you plan on trading alts make sure you know how the rest of them are stacking up against bitcoin!
We may have a new possible uptrend temporarily!
Remember! -> Patterns work until they don't! So combine your edge with support+resistance levels!
Trade with low leverage and patience! 5-10x leverage max can make the market your ATM!
Comment: Red/Green boxes are areas in which changes of market behavior happen!
Green= A good buy area! (Odds are in your favor doesn't mean guaranteed win)
Red = A good short area! (Odds are in your favor doesn't guarantee a win)
LINES= AREAS OF SUPPORT/RESISTANCE
We may have a new possible uptrend temporarily!
Remember! -> Patterns work until they don't! So combine your edge with support+resistance levels!
Trade with low leverage and patience! 5-10x leverage max can make the market your ATM!
Comment: Red/Green boxes are areas in which changes of market behavior happen!
Green= A good buy area! (Odds are in your favor doesn't mean guaranteed win)
Red = A good short area! (Odds are in your favor doesn't guarantee a win)
LINES= AREAS OF SUPPORT/RESISTANCE