ALTCOIN is looking very good on the W frame.
-RSI is showing bullish divergence
-MACD signal line is below the trend and will soon cut up along with the green histogram.
-Volume is coming in very strong with a Pin Bar candle if everything remains the same on Monday.
-Old coins, top coins are being pumped very strongly.
While everyone is busy hunting for gems and memes, mascots, etc., the Cex has taken the opportunity to pump back the old narratives. It seems like a classic scenario of MM (Market Maker) driving the market.
MM is driving the price in a very annoying way. Pull => Going up step by step => Elevator crash.
If many people exit => Dump the whole thing.
If no one exits, it will repeat.
Pull => Going up step by step => Elevator crash.
If a few attempts like that are ineffective, MM will change their method. Generally, creating frustration to manipulate psychology is MM's specialty.
I see every coin is setting up like this.
If you want to switch to trading Gold, find the admin in Zola in the comments, okay?