I got the bottom, I got the bottom...
Ok let's get serious.
In June 2022 we have a "V" shaped bottom.
In March/April 2023 we have a "W" shaped bottom.
Or we can call these irregular and regular bottoms, it doesn't matter though the signal is the "alternation".
Another signal is the time duration.
Followed by the market cycle and the rest of the Altcoins.
Many Altcoins that are going through this same pattern already moved ahead.
These ALTSBTC produced a bullish wave early 2023, the March correction took prices to new lows and this is followed by a strong recovery... We are seeing three digits growth in a matter of days.
Meaning that the lower low is not a continuation of a bearish trend but instead a market move.
Anyway, the really important part is the opportunity in front of us, since we hit a new low the risk is low.
You get 3-5% risk with 111.11% or more potential for reward.
The best RR ever... That's why I prefer bottomed pairs/coins.
Namaste.
Ok let's get serious.
In June 2022 we have a "V" shaped bottom.
In March/April 2023 we have a "W" shaped bottom.
Or we can call these irregular and regular bottoms, it doesn't matter though the signal is the "alternation".
Another signal is the time duration.
Followed by the market cycle and the rest of the Altcoins.
Many Altcoins that are going through this same pattern already moved ahead.
These ALTSBTC produced a bullish wave early 2023, the March correction took prices to new lows and this is followed by a strong recovery... We are seeing three digits growth in a matter of days.
Meaning that the lower low is not a continuation of a bearish trend but instead a market move.
Anyway, the really important part is the opportunity in front of us, since we hit a new low the risk is low.
You get 3-5% risk with 111.11% or more potential for reward.
The best RR ever... That's why I prefer bottomed pairs/coins.
Namaste.
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t.me/masteranandatrades/6172
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。