Bitcoin Momentum Slowing! Alts Are Ready To Pop!

Bitcoin Momentum Slowing! Alts Are Ready To Pop!

Bitcoin’s red candles have huge support wicks under them so even though they are red, they have bullish undertones. The downward momentum is slowing and we are about to start moving up for another leg. Alts are finally improving their market cap to start moving to the upside. Many alts are showing so much strength that the trend on the macro scale is about to flip to trending upwards. Ethereum is leading the charge and is finding support on the 200 day sma. Many other coins have the same formation like Cardano and Stellar. Others are doing a slow turn and finding strength like Ethereum classic, basic attention token, and STEEM. Of the coins I trade I’ve gone long on 18% of them. There is enough movement across the board to give confidence in many coins. The great thing about this latest trend change attempt is that coins are so low that there should be lots of upside. Here we goooo!

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