This trend line started exactly 2 years ago. Imagine what happens when this trend gets broken... a mega pump to the upside. Why would this trend get broken?
TOTAL making new highs, meaning new liquidity is coming into the market * BTC.D tipping over (liquidity moving from BTC to ALTS) * TOTAL3 just broke out its wedge to the upside * VMC Cipher_B_divergences shows 2x bullish divergence on the weekly timeframe * VMC Cipher_B_divergences shows an even larger bullish divergence on the weekly timeframe
However, keeping track of BTC moves. One should always be careful with slowly increasing channels after such a big move as we had on the 24th of October. Could be a setup for a dump that (generally speaking) brings prices of all coins back down.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.