What if bears are not done yet? Potential LT hold buy zone
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At the moment a lot of altcoins are showing weakness compared to btc. If btc dips then alts could begin another round of vicious selling. On the last leg down the sentiment was extremely bearish and people started calling for double digits ETH. It's subjective and hard to measure, but I think there will be a significant divergence in sentiment compared to price if alts go for a lower low, as well as volume and momentum divergences.
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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.