Disclaimer - I am new to trading crypto and am currently trying to develop a TA style
Points considered:
Points considered:
- General downtrend in prices across alts at 5am UTC
Trend lines from Dec 20 follow current pattern
Intraday cup and handle repetition on an uptrend
Current pattern seems to be following intraday cup and handle formation but exaggerated
Strong support at $22 buy zone with 3 recent hits after being flipped previously
Overarching wave pattern marked in yellow