Hello traders, based on this analysis, I decided to exchange Alts for Bitcoin, because as we probably know, in most cases, BTC always pushes the price up first, and otherwise, it does not have such strong declines as alts. Therefore, I expect some kind of upward movement before we go to ATL (all time low).
Weekly TF is still consolidating suggesting some type of bullish movement in the future before we get back into a downtrend. Additionally, on most ALT vs BTC pairs, alts are in a downtrend and we are now in supply zones that can support my point.
If you agree with this analysis, give a like or follow or comment. Thanks
Weekly TF is still consolidating suggesting some type of bullish movement in the future before we get back into a downtrend. Additionally, on most ALT vs BTC pairs, alts are in a downtrend and we are now in supply zones that can support my point.
If you agree with this analysis, give a like or follow or comment. Thanks
