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Kriptoteles
Feb 12, 2021 6:43 AM

TOTAL2 Altcoin Market Cap RSI MACD Double Divergence 

Crypto Total Market Cap Excluding BTC, $CRYPTOCAP

Description

It is really important to respect RSI MACD divergences since they most likely are working and showing you the way before it happens, also this situation happens at the exact 1.618 fibonacci extension level it is hard break through and the new trend's degree was quite high, so I am expecting a correction to the latest trend level drawn on the chart, the purple drawing shows the prediction of movement. I am keeping my positions open ( not futures ) , but I am aware that this is a possible scenario but eventually it will be the buying opportunity at it's best after the correction.

Trade closed: target reached

Correction has happened like we expected, we might get more but for now it is healthy and it goes according to the plan.
Comments
Kriptoteles
I have given you the signal before the market correction / consolidation happened, I hope you have considered it and managed your risk based on that. Now, after some time, after btc settles down, let's send alts to the moon :)
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