....dumped to the bottom of a 6month + range over the course of 3 days with significant volume, worth the shot here, not to mention shift is actually good tech :)
looks like capitulatory price action on low time frames so we should see a little lowtimeframe bounce or even continuation from this spot, gonna give it the opportunity to play out bc low risk stop at 7200
now or never for a break upwards off this diagonal for flo
swing target here for sure considering larger structure of rvn and all its pumpage, this would presumably be the bounce before dewm
liking the structure here, some bearish aspects atm but just get the gut sense sv is gonna move now that btc is cooling
i mean the stars are aligned on whatever indicator you want to look at
we can all see btc dominance approaching its breakdown and a looming alt spring, this thing is going to be one of those ignorant pieces of garbage that pumps the hardest %wise because of how much it bled. That's my take if this is the way the markets shifting, bullish tk cross with price above cloud on the daily should play out well.
prettiest alt pennant ive seen sitting on top of its 1d cloud, weekly cooling off nicely onto the tenkan, if entire market doesnt drop this thing will fly
Potential to leave its whole range and make new highs with this volume if rest of market stays bullish
as long as entire market doesnt dump and we get a bit of an alt spring, this waves buy is going to look really obvious in hindsight