I see this pans out if btc remains ranging or goes bullish
Most of the alts at bottom and painting a similar kinda structure
Few alts already tests their previous resistance by gaining 50%-150% from sept
Lets see where this goes
Price approaching towards 50 MA and breaking out from small pennant inside the bigger one.
If price closes above .00000938 that is the previous high as well as major trend line(red) resistance point, then trend could reverse upwards
For now MACD and RSI both support upward momentum. Watch for the bull volume for more confirmation.
if we drop below the previous...