Attention Folks,

After a bloody night we see a green candle which is rising the hope of the people. But there is question is it reversal of the market. Lets understand with indicators:

Volume :

From last few hours we are seeing green candles which is showing good recovery in prices of Alts. But the volume is declining every hours which really scares me and gives me a hint of incoming dump.

RSI :

The BTC RSI 1hr value for the current price is higher than the RSI value what we see last time. This is also hinting a incoming dump.

Price :

Ofcourse price is going up, this is good news. This is giving us the breath of relief.

The real question here is, is it a good time to start opening the long orders?

The answer depends on your goal and your risk taking capacity. In my perspective, we should wait a bit more until we see some volume coming which give us more confidence with the current market.

I am bullish for the long term.

Take you decision and trade wisely.

All the best 😉😉😉