Ever since August 2024 trading volume has gone wild on this chart. But, also, ever since August 2024 the action changed from a downtrend to sideways; a clear early reversal signal.
We have a cup and handle pattern on this chart.
The black line is dividing the bullish and bearish zones. Below it, ALTUSDT is bearish; above this line is the green zone, the bullish zone. We are in the bullish zone. The bullish zone will lead to growth. We can expect a jump to happen because the consolidation phase is over; higher prices are coming next.
We are looking at this pair for a short-term trade but it can be held long-term. Whatever you do, is up to you.
I hope it turns out just right, the chart looks good.
Thank you for reading.
Patience... Pays!
Namaste.
