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🚨Altcoins are about to ride the Overbought Wave
Crypto Total Market Cap Excluding BTC, $
Long
🚨Altcoins are about to ride the Overbought Wave
Di RiderAlgo
Segui
Segui
16 dic 2023
3
1
1
16 dic 2023
🚨Altcoins are about to ride the overbought trend.
#Altcoins Weekly Analysis
Facts first, conclusion at the end.
FACTS
[]Price trading above Red overbought line (good)
[]Bullish Wave present
[]Strong Bullish strength indicator.
[]No Bearish Signal.
CONCLUSIONS
A.
Still holding altcoins, as long as candles stay above red line will not TP on most coins.
We saw the same weeks ago with Bitcoin and we are still riding that trend.
B.
There is a clear target zone, 50% above of current prices. As long as I don't see bearish signals, this will be the midterm target.
One Signal at a time.
Simple
That's a wrap!
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Chart Patterns
Technical Indicators
Trend Analysis
RiderAlgo
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Regards,
Trend Rider
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