✳️ ICP vs Bitcoin, 111.11%+ Bottom Catch
I got the bottom, I got the bottom...
Ok let's get serious.
In June 2022 we have a "V" shaped bottom.
In March/April 2023 we have a "W" shaped bottom.
Or we can call these irregular and regular bottoms, it doesn't matter though the signal is the "alternation".
Another signal is the time duration.
Followed by the market cycle and the rest of the Altcoins.
Many Altcoins that are going through this same pattern already moved ahead.
These ALTSBTC produced a bullish wave early 2023, the March correction took prices to new lows and this is followed by a strong recovery... We are seeing three digits growth in a matter of days.
Meaning that the lower low is not a continuation of a bearish trend but instead a market move.
Anyway, the really important part is the opportunity in front of us, since we hit a new low the risk is low.
You get 3-5% risk with 111.11% or more potential for reward.
The best RR ever... That's why I prefer bottomed pairs/coins.
Namaste.
Ok let's get serious.
In June 2022 we have a "V" shaped bottom.
In March/April 2023 we have a "W" shaped bottom.
Or we can call these irregular and regular bottoms, it doesn't matter though the signal is the "alternation".
Another signal is the time duration.
Followed by the market cycle and the rest of the Altcoins.
Many Altcoins that are going through this same pattern already moved ahead.
These ALTSBTC produced a bullish wave early 2023, the March correction took prices to new lows and this is followed by a strong recovery... We are seeing three digits growth in a matter of days.
Meaning that the lower low is not a continuation of a bearish trend but instead a market move.
Anyway, the really important part is the opportunity in front of us, since we hit a new low the risk is low.
You get 3-5% risk with 111.11% or more potential for reward.
The best RR ever... That's why I prefer bottomed pairs/coins.
Namaste.
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Live!)
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
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.