The alt-token market has taken a beating since the beginning of the year, specifically since mid-January. From January 16th alone the alt-token market has corrected a little over 30%.
That correction was exactly at the same moment nine oscillators were printing bearish divergence on alt-token dominance chart (above). Recently the same number of oscillators printed bullish divergence, however held off publishing until confirmation.
On the above 1-day alt-token dominance chart:
1) The ‘incredible buy’ signal prints. Roughly translated, there’s a 90% probability dominance sees an increase in the days and weeks ahead.
2) Bullish divergence. 9 oscillators including MACD are printing regular bullish divergence.
3) Both RSI and MFI resistance print breakouts.
Is possible alt-dominance falls lower? For sure.
Is it probable? Very unlikely.
Good luck!
WW
That correction was exactly at the same moment nine oscillators were printing bearish divergence on alt-token dominance chart (above). Recently the same number of oscillators printed bullish divergence, however held off publishing until confirmation.
On the above 1-day alt-token dominance chart:
1) The ‘incredible buy’ signal prints. Roughly translated, there’s a 90% probability dominance sees an increase in the days and weeks ahead.
2) Bullish divergence. 9 oscillators including MACD are printing regular bullish divergence.
3) Both RSI and MFI resistance print breakouts.
Is possible alt-dominance falls lower? For sure.
Is it probable? Very unlikely.
Good luck!
WW
Transaction en cours:
Get your ducks in a row, the market is about to make a ridonculous move. Expecting a number of alt-tokens to 10x. This does not mean they all will, don't make that assumption. Which ones will? Looks up my recent ideas.
BTC
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Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR