HUGE POSSIBILITY THAT THE BOTTOM IS IN!
Reasons
This is my personal opinion, What are your thoughts?
Kindly share yours. You can also discuss reasons to sell or not to buy too! lol
If you like my idea, please smash the like button. I love it.
Reasons
- The long term support (4k) is tested, creating a double bottom pattern
- Recent candlesticks are bullish, and even more bullish on daily TF (Bullish Engulfing candles) but I prefer charting weekly TF.
- RSI is reversing from 24.
The simple rule of RSI: below 30 is oversold and that is buying zone.
Actually, another important thing before buying based on RSI is that it should be REVERSING upward.
- Many big cap coins already pumped. XRP is lagging behind. It should follow the crew soon.
- Huge liquidity. Whales love it
This is my personal opinion, What are your thoughts?
Kindly share yours. You can also discuss reasons to sell or not to buy too! lol
If you like my idea, please smash the like button. I love it.
Comment:
ALTSBTC dipping since BTC skyrocketing too fast. We may revisit 4k sats again. That is a good support level to buy more. I think it should hold.
Comment:
Unfortunately, we broke down the 4k support since BTC don't want to stop rallying. Don’t know where the bottom is but it should be so close from here. Thus, selling at this level is not a good idea. I’m buying more.