Probabilities of the Altcoins?
Please observe the recent candles on the outer boundaries of the Bollinger Band, also notice how when we started to see the recent long wick candles on this time frame combined with the RSI and CCI in the overbought zones we then had a correction. Now, notice we currently have a bearish long wick candle touch a FVG and a support, hopefully that will theoretically be enough buying pressure to give us another bullish candle, if not we may fall to the basis of the Bollinger Band where there is also another FVG, and if that fails we may test the Demand below. But this is crypto maybe the correction is a result of tax harvesting or people buying presents for the holidays, or just crypto being extremely volatile. Let's observe the candles and their reactions to areas of interest and key levels and also other timeframes and consider news and fundamentals.
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