Altcoins about to capitulate
- this bull market cycle has been extremely difficult to navigate in the sense that altcoins are most of the time trading like crap with sporadic bursts to the upside
- most of that can be attributed to eth/btc being in a macro downtrend
- the chart of OTHERS is in a clear distribution formation and pending a daily close below the neckline the descending triangle likely gets confirmed
- more downside likely
- most of that can be attributed to eth/btc being in a macro downtrend
- the chart of OTHERS is in a clear distribution formation and pending a daily close below the neckline the descending triangle likely gets confirmed
- more downside likely
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Beartrap.
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