🧠 Context:
Another chart showing a typical altcoin structure near the bottom. Price has dropped over 98% from the all-time high. The concept of a "bottom" here is highly abstract — risk remains elevated, and liquidity is thin.
📉 Chart Highlights:
▪️ Price is still moving within a descending channel
▪️ A potential double bottom or dragon pattern is forming
▪️ The 0.0833 level is a key zone to watch
📈 Potential Move:
If the 0.0833 area holds, we may see a push toward the upper boundary of the channel.
Due to thin order books, any move could be impulsive and fast.
⚠️ Note:
This is still a weak market structure.
The idea is speculative — focus on price reaction rather than prediction.
Another chart showing a typical altcoin structure near the bottom. Price has dropped over 98% from the all-time high. The concept of a "bottom" here is highly abstract — risk remains elevated, and liquidity is thin.
📉 Chart Highlights:
▪️ Price is still moving within a descending channel
▪️ A potential double bottom or dragon pattern is forming
▪️ The 0.0833 level is a key zone to watch
📈 Potential Move:
If the 0.0833 area holds, we may see a push toward the upper boundary of the channel.
Due to thin order books, any move could be impulsive and fast.
⚠️ Note:
This is still a weak market structure.
The idea is speculative — focus on price reaction rather than prediction.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.