Classic downtrend to deviation below the bottom for liquidity and expansion. This classic setup can be found on any pair on any timeframe. This is about as good of an entry as one could expect to get. With BTC Dominance looking like it's topping out as we speak, alts will be going nuts, especially the ones with clear setups. Keep the Faith. Fulfill the Prophecy....
Observe the pattern from November of 2020 to the breakout in April of 2021. Now observe a nearly identical pattern from July of 2023 to now, December of 2023. The huge green candle followed by a correction to below the run, then slow creep up, sometimes slipping below the trend line or spiking wicks above and below the trend, likely market makers gathering...
