We have one more example of the same bottom pattern.
This is the "W pattern".
After the initial breakout you can always expect a retrace/correction before the next high.
We can also notice on this chart how ZRXBTC is moving above EMA300 and MA200 today.
We have dozens of green days.
This is why you can tell that Bitcoin will grow.
I will call it the "Altcoins connection"...
More in another article.
Additional details on the chart.
Namaste.
This is the "W pattern".
After the initial breakout you can always expect a retrace/correction before the next high.
We can also notice on this chart how ZRXBTC is moving above EMA300 and MA200 today.
We have dozens of green days.
This is why you can tell that Bitcoin will grow.
I will call it the "Altcoins connection"...
More in another article.
Additional details on the chart.
Namaste.
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