LAST PUSH OF THE MARKET? (Daily analysis)
So, on ADA and some other major altcoins, we were seeing some divergence on major altcoins like ADA/ETH/XLM, and some of them are about to beak out and make the last push.
The ETH divergence already broke up, we just wait for prices to break out, ADA is about to break, we have a low stochastic and a potential dip and RSI is about to break its divergence.
What makes me think we'll break it is that Bitcoin tried a breakout yesterday, couldn't handle it and started dump as I planned. I was shorting and was very happy when I saw the huge rejection, and then, I saw prices were holding (and not falling as I would expect).
Prices handling as high after a fake break made me think maybe we're as bearish as I expected because I understand the strength that operates in the market. And I'm able to see who is the strongest between bulls and bears.
And as long as there are more buyers than sellers prices are going up.
So now, I wouldn't be surprised if we see the last push before exiting the market.
I don't know if I will long yet, but I expect a last push from Bitcoin and altcoins in the next few days.
The ETH divergence already broke up, we just wait for prices to break out, ADA is about to break, we have a low stochastic and a potential dip and RSI is about to break its divergence.
What makes me think we'll break it is that Bitcoin tried a breakout yesterday, couldn't handle it and started dump as I planned. I was shorting and was very happy when I saw the huge rejection, and then, I saw prices were holding (and not falling as I would expect).
Prices handling as high after a fake break made me think maybe we're as bearish as I expected because I understand the strength that operates in the market. And I'm able to see who is the strongest between bulls and bears.
And as long as there are more buyers than sellers prices are going up.
So now, I wouldn't be surprised if we see the last push before exiting the market.
I don't know if I will long yet, but I expect a last push from Bitcoin and altcoins in the next few days.
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