The Altcoins need a miracle. We unfortunately have bearish MACD (Chris Moody) cross over on the weekly chart. However, the ALTS have been in a range since August, the price is resting on a Demand level hopefully, optimistically this Demand level would hypothetically mean there will be enough support to trigger some bullish activity but traders must be careful because if the Demand level holds the ALTS are still in a range and price could swing low again. So this week and next week maybe pivotal for ALTS.
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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.