$ACT has been going downhill recently. It has not stopped falling since November 11. Every time it wants to rebound, it is powerless. The more it rebounds, the lower it goes. The bottom is constantly being refreshed. This is an obvious downward trend.
But there is a phenomenon that deserves our attention from November 21 to 27. The RSI indicator of ACT on the 4-hour chart has actually shown three bottom divergences, which means that it may have fallen too much and may rebound next. And the trading volume was also decreasing at that time, indicating that fewer people wanted to sell.
Last night, its lowest point was even higher than that on the 26th. This may be a sign that ACT is about to start to reverse, but we can't be too sure. If it can successfully break through the 0.5 level next, the reversal signal will be clearer.
As for how much ACT can rise, no one can guarantee it. Personally, I think that it can rise to more than 2 conservatively, and if the situation is good, it may rise to more than 5.
Recently I plan to ambush a potential coin that is ready to explode. It is very easy to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. It is expected that there will be no problem with more than 10 times the space. The number of places is limited! If you want to follow, like + leave a message.
