Altcoins are slowly getting ready for rally. ADA/BTC
After Bitcoins rally to over $12,000 and BTC Dominance sitting around 62% lot of people experiencing fear of missing out this pump.
What is probably smarter is to wait for a pullback of some sort or period of consolidation, this will give room for altcoins to push higher as well.
We can see a reoccurring pattern in xxx/BTC pairs where most of them sitting below HTF supports, once these supports are broken and tested we can find great buying opportunities.
Making a higher high after breaking support level will increase the probability of this price action pattern.
What is probably smarter is to wait for a pullback of some sort or period of consolidation, this will give room for altcoins to push higher as well.
We can see a reoccurring pattern in xxx/BTC pairs where most of them sitting below HTF supports, once these supports are broken and tested we can find great buying opportunities.
Making a higher high after breaking support level will increase the probability of this price action pattern.
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