Double bottoms.....galore......
Aggiornato
These are just the first 4 charts I was analyzing . Noting how the patterns , and most of the price action is pretty much the exact same .
This goes for most alt coins- Specifically ones that are Leveraged or Margined .
I've always found it very fascinating the deep rooted correlation between X specific alt-coins . They run almost in Harmony.
This, of course, has a lot to do with the automation of trading bots , algos, and whatever else is out there.
When everything dumps all at once I call it the BIG RED BUTTON. Because, every single Margined coin , that's on Kucoin at least, goes down with a beautiful Synchronicity.
This goes for most alt coins- Specifically ones that are Leveraged or Margined .
I've always found it very fascinating the deep rooted correlation between X specific alt-coins . They run almost in Harmony.
This, of course, has a lot to do with the automation of trading bots , algos, and whatever else is out there.
When everything dumps all at once I call it the BIG RED BUTTON. Because, every single Margined coin , that's on Kucoin at least, goes down with a beautiful Synchronicity.
Commento
These are all DOUBLE BOTTOMS--- If that wasn't clear!! lol- Reversal Pattern.
on Many charts. I see a breakout coming.
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