BigChonis

The line where “ALT SEASON” can begin...!!!

BITTREX:XLMBTC   Stellar Lumens / Bitcoin
Lets face it...Alts look terrible vs Bitcoin and it seems like many could be going to Zero which in crypto means delisting...However times like these when the chart seems to have no bottom tend to be opportunities...Bitcoin still looks strong but if it ranges for several weeks of price action it could give the Alt market a little jolt of energy as money is spread around crypto, especially if bitcoin is not giving the previous returns the market has been used too. This XLM chart is one example of a rising line of historic support that when previously touched has produced parabolic bounces in the overall ALT market...Bitcoin runs the show and its near term price action will dictate if ALTS give a good trade opportunity...Trade Safe...Chonis

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