ALTCOINS are bullish - TOTAL2 with weekly bullish divergences
Updated
Altcoin market with a weekly bullish divergence looks bullish overall and we expect the uptrend continuation in the mid-term.
We are not looking for shorts now.
When we get a pullback, it's a buy the dip opportunity.
How deep the pullback can be? The price may retest the key support again but most likely it will create a higher low and confirm its bullishness . Breaking (and closing below) the key support would be an invalidation of this trading idea.
We are not looking for shorts now.
When we get a pullback, it's a buy the dip opportunity.
How deep the pullback can be? The price may retest the key support again but most likely it will create a higher low and confirm its bullishness . Breaking (and closing below) the key support would be an invalidation of this trading idea.
Note
Pullback happening, but every dip is a buying opportunity as the trend is up now and bullish divergences should play out. Keep in mind that it's a weekly timeframe so it may take some time.Note
Buy the dip season? or new lows soon? Feel free to share your opinion in the comments section.
Note
The market remains bullish overall. We got the dip and now the price retest the resistance again. Did you buy the dip?
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