Today, 3 assets have transitioned into a stable uptrend on the daily time frame and 10 on the 12-hour time frame. These results are shown by our #P73Signals based on the monitoring of the TOP-200 crypto assets. This is a strong indication for further market growth, BUT on the 12-hour time frame, many assets are showing potential highs, meaning that in the uptrend of these altcoins, a local pullback is expected, as previously mentioned. Some of these assets, for example, FLOW, are currently attempting to break this signal. However, the upward dominance of BTC (after reversal signals on the 12-hour time frame) puts these attempts into question.
By the way, on the 12-hour time frame, BTC has transitioned into a stable uptrend, which we will write about in a separate review.
As always, we will show part of the signals:
Daily time frame:
- #FET. Congratulations to the holders. The last such signal resulted in a growth of +49%, and the signal before that: +44%. Although there were significant pullbacks after each signal, including after signals of potential highs - it did not break the trends. This time, the density of targets allows for an impulsive growth up to $2.267. However, this scenario is relevant for the window of January 6-10. If there is no impulse during these dates - the growth will be more measured and with correction.
12-hour time frame:
- #APT.
- #FLOW.
- #LDO.
All basic and additional targets, levels of Potential break - on the screenshot. Let us remind you that if targets are closely packed together, these densities can trigger an impulse.