#ALT Trend Analysis 📌
After breakdown of UP-TRENDLINE,$ALT price is on downtrend📉 as suggested in yesterday's forecast.
Further,
it had formed a Symmetrical Triangle 🔺️ pattern in 1h chart. After breakdown of this pattern, the price is approaching ⤵️ towards the triangle target 0.36058 USDT.
In case, if any #AltcoinRally starts, it seems limited to 0.4045.
👉To trade ALTUSDT,
SELL here for triangle target 0.36058.
LIVEMianVerse
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Bearish
#ALT Technical Analysis;📌
$ALT coin has colmpleted all the 5 Elliotwaves of uptrend. It's correction time now.
Right now, the price is trading just above Up-trendline. If price breaks downwards, a bearish⤵️ trend will start.
In case, price rebounds from this trendline, a weak up rally may be observed due to declining trading volume.
If I had been taking a position in ALTCOIN, I preferred to reduce or pull out of Long positions in ALTUSDT Cryptocurrency pair.
It's not a #TradingAdvice , #dyor and trade accordingly.
#TechnicalAnalysis
#Write2Earn
$ALT coin has colmpleted all the 5 Elliotwaves of uptrend. It's correction time now.
Right now, the price is trading just above Up-trendline. If price breaks downwards, a bearish⤵️ trend will start.
In case, price rebounds from this trendline, a weak up rally may be observed due to declining trading volume.
If I had been taking a position in ALTCOIN, I preferred to reduce or pull out of Long positions in ALTUSDT Cryptocurrency pair.
It's not a #TradingAdvice , #dyor and trade accordingly.
#TechnicalAnalysis
#Write2Earn
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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