Here we have a very interesting chart because there are so many revealing signals to look at... Let's get started right away.
The Altcoin project is named Multiverse, the trading pair is AIUSDT.
We have an "uptrend" on the left side of the chart, this is followed by a "downtrend" that ends in a higher low. The higher low is the first/main signal for the new uptrend that will develop.
As the downtrend came to an end, volume dropped to zero.
When the downtrend was broken, volume shot up and today another higher low.
The MACD is bullish while the RSI recovered strongly from oversold and is now trending up.
The current price trades above all major lows including 24-May. This is all pretty good and points to higher prices in the coming weeks.
Targets on the chart.
The potential is huge when looking at the mid-term, but here I am only showing the signals for a good entry, the reversal... The market will take care of the rest.
Namaste.
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