✴️ Stacks Bottom + Volume = Bullish Wave (Name Your Altcoin)
Updated
As promised, we are looking at the volume indicator once more.
Klaytn, Moonriver and now Stacks.
Back in late 2022 Stacks (STXUSDT) produced a rounded bottom pattern coupled with rising volume and this led to a really strong bullish wave, in fact, the strongest bullish wave since the last bull-market.
This bullish wave was followed by a long-term correction, from March 2023 through October and now the same pattern is showing up on the chart.
We have a rounded bottom pattern with rising volume, with a super strong RSI, a bullish MACD and within a strong higher low.
This all points to higher prices... For sure.
Bitcoin is already bullish and hitting new highs everyday.
When Stacks moved in January, Bitcoin also moved as well as Gold and the rest of the Altcoins market... Be prepared!
We are going strongly bullish.
Thanks a lot for your support.
Namaste.
Klaytn, Moonriver and now Stacks.
Back in late 2022 Stacks (STXUSDT) produced a rounded bottom pattern coupled with rising volume and this led to a really strong bullish wave, in fact, the strongest bullish wave since the last bull-market.
This bullish wave was followed by a long-term correction, from March 2023 through October and now the same pattern is showing up on the chart.
We have a rounded bottom pattern with rising volume, with a super strong RSI, a bullish MACD and within a strong higher low.
This all points to higher prices... For sure.
Bitcoin is already bullish and hitting new highs everyday.
When Stacks moved in January, Bitcoin also moved as well as Gold and the rest of the Altcoins market... Be prepared!
We are going strongly bullish.
Thanks a lot for your support.
Namaste.
Note
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