I pointed out that a lot of alts looked liked they were bottoming yesterday and shared RUNE as an example. As I said, I wanted to see a close above $4.30 to confirm any sort of trade idea, which did not happen. Important that you always have a trigger and do not jump too early.
That said, this still looks the same, as do most alts. This drop is “scary,” but appears to be building more potential bullish divergence on a number of coins, if they make lower lows in price, and sending some further oversold. For now, I remain cautiously optimistic or at least interested in looking for some bottom signals on alts.
Nothing to do yet.
That said, this still looks the same, as do most alts. This drop is “scary,” but appears to be building more potential bullish divergence on a number of coins, if they make lower lows in price, and sending some further oversold. For now, I remain cautiously optimistic or at least interested in looking for some bottom signals on alts.
Nothing to do yet.
scott.melker@texaswestcapital.com
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
scott.melker@texaswestcapital.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.