BitDAO (BITUSDT) has the same chart as other altcoins and is also following the same patterns...
A low hit late December, a strong crash in early November, relief rally in August, etc.
Now, BitDAO is moving ahead. It is already trading above EMA50 and even EMA100...
Since the altcoins move together... Since BitDAO is going through the same pattern as other altcoins...
We can take this one as a signal as to what is coming to the rest of the markets.
Expect our altcoins that we are tracking to break first above EMA50 with minor retrace and then continue straight up above EMA100 and more... Just as you see here.
Of course, you can expect some retrace for BITUSDT followed by additional growth.
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.