٢٥ مايو ٢٠٢٣
LPTBTC is showing several signals that points towards a reversal. First, we have the low set on the 7-May session. The 13-May session ends up as an inverted hammer with a low higher than the 7-May session. Volume is now rising as LPTBTC moves above EMA10. This is all supported by low volume on the drop and a bullish divergence with the RSI.All these signals support a move up. Can be 50%, 70%, 120% or more. Invalidation isn't likely but can happen...There is no going back now, the ALTSBTC pairs will grow while Bitcoin consolidation before its next move up. When all these Altcoins grow 2-5X, the correction will push Bitcoin to the next resistance above 30K. The money now flowing to the Altcoins will flow back to Bitcoin when the ALTSBTC correction takes place. Namaste.