(300%+) Altcoins Market Continues To Heat Up: Bear Market Over
Updated
Here is another example why I believe the bear market is over for the Altcoins market.
Melon Higher High: Melon (MLNBTC) hit bottom on late August and had a very strong bounce, moving up over 280% in a matter of days.
After this first wave, Melon consolidated for a long time, over 50 days and now is moving again and just created a higher high (with over 310%+ profits generated from bottom).
The altcoins market continues to heat up
The signals are in, Melon is just another example. When we are in bear mode, each time a new low is hit the bounce would only last a few days to weeks max, a few months if it is a strong corrective wave up.
Now, all the altcoins that started to move up are creating higher highs and higher lows over long periods of time. We are now talking about slow steady growth for almost 3 months for many altcoins. Some are not having such "slow" growth and instead are growing 300% in a matter of days.
I know that it is early for many to come out and say. But the bottom was hit a while back, it is time to wake up and trade.
Namaste.
P.S. Just as we saw the Melon example above, we have hundreds of similar charts coming from many other coins.
Melon Higher High: Melon (MLNBTC) hit bottom on late August and had a very strong bounce, moving up over 280% in a matter of days.
After this first wave, Melon consolidated for a long time, over 50 days and now is moving again and just created a higher high (with over 310%+ profits generated from bottom).
The altcoins market continues to heat up
The signals are in, Melon is just another example. When we are in bear mode, each time a new low is hit the bounce would only last a few days to weeks max, a few months if it is a strong corrective wave up.
Now, all the altcoins that started to move up are creating higher highs and higher lows over long periods of time. We are now talking about slow steady growth for almost 3 months for many altcoins. Some are not having such "slow" growth and instead are growing 300% in a matter of days.
I know that it is early for many to come out and say. But the bottom was hit a while back, it is time to wake up and trade.
Namaste.
P.S. Just as we saw the Melon example above, we have hundreds of similar charts coming from many other coins.
Note
Looks like BTC will be testing $6400 - $6450 before moving up. Note
The bears has no strength. Hidden bullish divergence is already showing up on the 1h time frame for the MACD and RSI.It won't take much longer until Bitcoin's next move... volume has come to a halt.
Note
This looks very bullish to me: Note
More bullish altcoins examples:(100%+ in 2 days)
(90%+ in 1 day)
All before the end of the week. To start next week bull fresh.
The altcoins market continues to hit it...
Namaste.
Note
As shared on the 27th October, "Looks like BTC will be testing $6400 - $6450 before moving up. ".We've gone down. Next step is up.
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