I wanted to show a view on the state of the altcoins again.
Well simply put it looks bullish. We have been tracking inside an ascending triangle and an break out upwards seems imminent.
To be fair I also traced a possible downward scenario.
Given how Bitcoin seems also to be tracking low and oversold with plenty of buyers on the downside, the market seems to wait for the one move to finally trigger the spillover to the upside.
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Well simply put it looks bullish. We have been tracking inside an ascending triangle and an break out upwards seems imminent.
To be fair I also traced a possible downward scenario.
Given how Bitcoin seems also to be tracking low and oversold with plenty of buyers on the downside, the market seems to wait for the one move to finally trigger the spillover to the upside.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
