ALT COIN MARKET BREAKOUT !
Updated
alt coin market etting ready for a breakout .
price above all averages 50,100,200 .
rsi in uptrend
macd crossd to upside and is gaining momentum
market bounce off 38.2 fib showing continuation
i believe market will hit -0.272 fib @ 700b and retest broken trendline in order to continue the bullish uptrend
target is 800b
when price hits prepare for volitility and we will break to upside.
alt coin market will sky rocket as bitcoin dominance will drop .
Note
failed breakout . FOMC drove prices down after Jerome Powell spoke this morning. Interest rates stayed the same in order for the economy to continue going up . This is my signal that we are still in a Bull Market and prices will cool off and recover after a few days . After FOMC there is always shakeup in the market , and then market goes in the direction it was initially intended .
Disclaimer
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.