DOT weekly dip bounce up analysis. ALTcoins market over yet?
Weekly dip just like a clock.
I feel like we are in the BUBBLIN phase for altcoins, most charts are seeing x3 - x20 across boards, so beware this will not continue for a long time now.
Expect BTC to bounce up from weekly support and ALTs will follow. Possible retrace for DOT here.
Check both RSI and Volume movements.
IF BTC will continue to fall and we will not see RSI pump, altcoin market will see red and we might hit hard support at 12,5.
We observe.
We make plans.
We take profit.
And then we wait.
Patience is the key.
I feel like we are in the BUBBLIN phase for altcoins, most charts are seeing x3 - x20 across boards, so beware this will not continue for a long time now.
Expect BTC to bounce up from weekly support and ALTs will follow. Possible retrace for DOT here.
Check both RSI and Volume movements.
IF BTC will continue to fall and we will not see RSI pump, altcoin market will see red and we might hit hard support at 12,5.
We observe.
We make plans.
We take profit.
And then we wait.
Patience is the key.
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