I am sharing the short now but later we will go bullish on the Altcoins. By doing an analysis I can start to learn the chart and recognize its behavior. It will be easier later on to spot the bottom and prepare for the bull-market.
We have one foot in 2024 and another foot in 2025.
I hope you are not becoming impatient because if you are, that's a good sign. It means that we are very close to seeing change.
We are looking at ONDOUSDT. The chart drawings make the analysis pretty much irrelevant. Everything is exceedingly clear.
A major drops leads to consolidation. A small double-top is present during the consolidation phase. The consolidation is leading toward a new drop and this is likely the final drop before the market turns.