Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Could #ALT have found a local bottom?
ALT / TetherUS
Could #ALT have found a local bottom?
By ugurtash
Follow
Follow
Aug 27
3
Cheer
Cheer
Aug 27
#Alt 1D chart;
It still hasn't regained the 50EMA line it lost in April.
Although it tried to turn bullish on the signal of non-compliance, it failed due to market conditions.
Could it have found a local bottom?
There is a 24% difference between the last bottom and the current level.
Although this is related to how bad the market could get in a bad scenario, the $0.665 level could be a good place to buy gradually.
Note the resistance levels indicated by orange arrows.
ALT
altcoin
altlayer
Chart Patterns
Trend Analysis
Wave Analysis
ugurtash
Follow
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.