Alt Coin Market - Super Clean Entry Point, Risk Tightly Managed
G'day friends, I've covered Bitcoin a lot lately, so what of the alt coins? I love how clean this entry point is. Breakout from the bear market with a strong weekly candle, bull flag confirmed, right on a massive accumulation volume profile bar with a lot of fresh air over head. Couple this with Bitcoin defiance of short term bearish indicators - confirming it's bull run with two consecutive days crossed and held over 50 week moving average (see my prior posts), which historically confirms the new trend for transitions to either bull or bear markets. What a great time to be involved in crypto! Exit signal is Bitcoin breaking back down through the 50 week moving average, that spells rejection and need for rest.
Clarity is power
-JA-
***This info is not a recommendation to buy or sell. It is to be used for educational purposes only. Make logical sound decisions for yourself by risking only what you’re willing to lose. It’s on you. ***
Clarity is power
-JA-
***This info is not a recommendation to buy or sell. It is to be used for educational purposes only. Make logical sound decisions for yourself by risking only what you’re willing to lose. It’s on you. ***
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