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The massive W formation with a big spike up, after the initial spike and a retrace if they reaccumulate along the moving averages it usually is a sign of going higher
Vincent
i really hope thats not a head & shoulders on the SOL monthly
if btc.d goes above 60 everything will probably get hit quite hard(alts wise) I dont believe the market conditions are bearish at the moment though just in a bit of a pullback
if btc.d goes above 60 everything will probably get hit quite hard(alts wise) I dont believe the market conditions are bearish at the moment though just in a bit of a pullback
Yeah I get what you mean BTC.D pushing over 60 would really squeeze alts, but I don’t feel like we’re in a true bearish trend right now either. Feels more like a healthy pullback before the next wave.
gordhavmercy
if btc.d goes above 60 everything will probably get hit quite hard(alts wise) I dont believe the market conditions are bearish at the moment though just in a bit of a pullback
another thing to keep in mind is that in the span of bitcoin dropping down nearly 13k , ethereum has only dropped 400 which is a super good sign of alt strength, things are coming patience will win, in my opinion.
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