Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ALTCOINS INDEX update. This index is used for tracking the price of a basket of altcoins. If it pumps then altcoins will follow and starts pumping and vice versa.
Now let's get to the chart.
Altperp index is trading inside a big falling channel in the daily time frame. Currently, it is holding an important support zone (Green box). Altperp index should bounce from here and also altcoins start pumping.
We might see some wicks to the downside as we saw previously but all those wicks give you an opportunity to buy more.
Invalidation level:- If any daily candle closes below the green box or breaks below the $3000 then this bullish scenario becomes invalidated.
What do you think altcoins can bounce from here?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Welcome to this ALTCOINS INDEX update. This index is used for tracking the price of a basket of altcoins. If it pumps then altcoins will follow and starts pumping and vice versa.
Now let's get to the chart.
Altperp index is trading inside a big falling channel in the daily time frame. Currently, it is holding an important support zone (Green box). Altperp index should bounce from here and also altcoins start pumping.
We might see some wicks to the downside as we saw previously but all those wicks give you an opportunity to buy more.
Invalidation level:- If any daily candle closes below the green box or breaks below the $3000 then this bullish scenario becomes invalidated.
What do you think altcoins can bounce from here?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。