Sorry but i just can't be bullish on altcoins right now... I'm really trying hard to be a bull, cause i'd like to belong to the club you know...
But everytime i try i start seeing things like that...
#ALTPERP #AltSeason #altcoins
ALTPERP
Currently monitoring the daily close on altperpClosing below this redline would mean a daily shooting star candle under resistance after 0.618 rejection. Would be quite bearish.
So, let's see, long way to go until the daily close
Altperp doesn't look too hot right nowIs the altcoin market in troubles ?
Altperp is a mix of all the major altcoins:
ETH, EOS, XRP, BCH, BSV, BNB and LTC
Therefore it's a very good gauge of the market and gives you an average overview of what's going.
Waiting for a break either of the black line to the downside or the redline to the upside.
I think we go down but let's wait and let the market decide.
One of the very many possibilities on alt perpRight now the number of possible counts is very high though, just posting this to think about it if/when we reach this level.
Playing the breakout of the ascending triangle was a quite profitable play it seems
