Think of this... If the "low" in 2023 led to a strong bullish wave, how much stronger can the bullish wave be now after a major lower low?
Let's dive in, we already went through the greetings.
Bullish signals: Tokoin (TOKOBTC) is coming out of a strong falling wedge pattern; price action went flat; we have a strong bullish breakout on the daily; rising volume; and a rounded bottom.
The lower low shows that all gains were removed from the previous bullish wave and thus sellers are nowhere to be found and won't show up because they already sold as much as they had and wanted to.
With all that out of the way, we can now enjoy growth.
This is another pair that is turning green while Bitcoin turns red.
We are keeping track of Bitcoin and mentioning Bitcoin in many of these analyses, but do not get me wrong; each chart must be considered individually, and based on its own merits we can determine if it is going down or up.
The market is big now; some pairs move down while others grow up.
Namaste.
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