Algo Daily Cup and Handle

٢٢ يناير ٢٠٢٣

Algo looking bullish

Currently testing neckline

After breakout would expect some consolidation in 0.3 range to then open up further upside targets

GRI 2023

٢٨ يناير ٢٠٢٣

ملاحظة

So this applies to all alts. People are again talking about crypto being overbought. This doesn’t apply to an alt season. If we look at eth in 2017 it was pumped twice during early H1. You see the initial foray into overbought on the daily is then overshadowed by a huge M shaped move on momentum which will take it towards 100 on the daily and finally on the weekly. Some alts now have I think had the little pre pump into overbought, you ain’t seen nothing yet imo