HOW MONTHLY HIGHS AND LOWS CAN PREDICT PRICE ACTIONS! (BEST SECRET STRATEGY IN THE CRYPTO MARKET!)
$ALT HAS REACHED ITS PREVIOUS MONTH HIGH AND WE'RE NOW LOOKING FORWARD TO THIS NEXT PRICE ACTION!
If you've been checking and reading our posts, you may have seen our ALT analysis before it retraced back to its previous month's high. Now, as this rebound that happened close to its monthly low is going strong. We expect this altcoin to stay on top of the monthly average. This is due to the fact that this altcoin has been oversold but not to the point of being extremely oversold. The process we will take would be to continue observing it if it would be confirmed as a higher high to higher low pattern on top of its minor resistance or it would find another low causing it to be under extreme oversold status.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.