It remains bullish on the weekly and monthly charts, but the current price action appears weak
We should consider a bearish scenario. I expect the price to fluctuate within or below the orange zone. During this period, staying out of trades could be a wise choice
If the price sweeps the previous low, it’s likely to rebound toward the All-Time High, primarily to liquidate short positions, before dropping sharply again
As for the bullish scenario, a bounce from the orange zone is possible. However, given the rapid downward movement, this outcome seems less likely to play out as anticipated
$W did %35 profit in a short time 🚀🚀 When the market is bullish, find the altcoins which have low rsi value in weekly chart then just wait them to pump 💪 simple
Coinlegs
--
Bullish
I’m waiting those coins to pump if bitcoin keeps going up