Hello, Skyrexians!
As I mentioned in the recent
DOTUSDT analysis the bounce to approximately $6 was predictable and very likely. Now it's happening. Green candles caused a lot of greed again, yesterday I checked the sentiment sharing some bearish minds in Tradingview and got a lot of negative. What's a pity, but the market again is not ready for altseason.
In this case we have now the following scenario. Recent divergence on Awesome Oscillator was just the wave 5 in 3 finish, now we have wave 4 which can be finished inside the $5.2-6.4 area. Then I expect wave 5 which has the target inside $2-3 in the best case. About the worst scenario I don't want even to talk now. Bear market is not over for alts, don't be greedy.
Best regards,
Skyrexio Team
___________________________________________________________
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As I mentioned in the recent
DOTUSDT analysis the bounce to approximately $6 was predictable and very likely. Now it's happening. Green candles caused a lot of greed again, yesterday I checked the sentiment sharing some bearish minds in Tradingview and got a lot of negative. What's a pity, but the market again is not ready for altseason. In this case we have now the following scenario. Recent divergence on Awesome Oscillator was just the wave 5 in 3 finish, now we have wave 4 which can be finished inside the $5.2-6.4 area. Then I expect wave 5 which has the target inside $2-3 in the best case. About the worst scenario I don't want even to talk now. Bear market is not over for alts, don't be greedy.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.