Altcoins possible trend reversal
With a lot of altcoins reaching new ATLs every month, we now might be able to look for a bottom. Steem is giving us a good example of RSI and MACD bullish divergence which is also vidible on 1D timeframe. Short term the price should reach at least top of the falling channel, but it also could signal trend reversal and possible bullrun, and not only for Steem but also for a bunch of other markets.
Similiar patterns are visible on 4H and 1D timeframes for XEM, BAT, DGB, ENJ, XTZ, TRX or WAXP.
So I guess it's a good moment to put a few more coins to your watchlist.
Similiar patterns are visible on 4H and 1D timeframes for XEM, BAT, DGB, ENJ, XTZ, TRX or WAXP.
So I guess it's a good moment to put a few more coins to your watchlist.
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