THIS ALTCOIN IS ACCUMULATING GREATLY AND MANY ARE TAKING THEIR EYES OFF THIS!
As this altcoin has experienced a long-term decline. Many have awaited at its bottom with extreme concentration of buy orders. Although, after checking its status it has went from being overbought to oversold quickly. The traders who have awaited at its bottom has identified specifically where it would be considered to be oversold. Right now, many have continued to accumulate this altcoin with their holdings. As AXL shows temporary strength, many would want to continue with its rally. Albeit, we are still waiting for its next level of being extremely oversold at its depths before entering positions in order to attain the optimal long positions.
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.