There's a couple of ALTS that looks ready to fire off. In the crypto market, what you want to see is Bitcoin Dominance drop and BTC price to remain sideways. At the current time, BTC price is sideways.
BTC dominance has not dropped just yet, but as you can see for TRON. We're on a horizontal support with WEEKLY CCI curling back to the upside and crossing the 50 CCI (blue line.)
Nothing is confirmed just as as I am just posting this in advance. But I am bias to the upside for some ALTS (not all of them.)
As market sentiment for ALTS have basically died and become very bearish. This is the first sign that there might be a strong reversal soon for ALTS (not all of them.)
BTC dominance has not dropped just yet, but as you can see for TRON. We're on a horizontal support with WEEKLY CCI curling back to the upside and crossing the 50 CCI (blue line.)
Nothing is confirmed just as as I am just posting this in advance. But I am bias to the upside for some ALTS (not all of them.)
As market sentiment for ALTS have basically died and become very bearish. This is the first sign that there might be a strong reversal soon for ALTS (not all of them.)
Comment:
Keep in mind, I don't know how well TRON will perform or if it'll perform at all. But double bottom is a thing in trading. I am hesitant to posting a TRON chart, but I'll leave it up due to a very close double bottom and a good risk to reward play.
