SHORT Setups : 3 ALTS in 2 MINUTESRecently I did a post on Altcoins that are good BUYS. Find it here 👇
Let's look at three alts that are BEARISH in lower timeframes, and very likely heading lower for the SHORT term:
1) JTO BINANCE:JTOUSDT
2) MKR BINANCE:MKRUSDT
3) TON BINANCE:TONUSDT
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JTO
JTO : Take CAUTION - RSI Topout LikelyBINANCE:JTOUSDT
The RSI reacts different on every chart, which is often the case with technical indicators. This is also why we advise to find one or two, and learn how they respond on your favorite charts. If you swop around between technical indicators too frequently, you will miss key insights such as these.
The charts says bullish for three main reasons :
👉 Bottom out pattern
👉 Higher lows
👉 Hot RSI
Two playouts likely for JTO, but for NEAR / LONG term I will label it as BULLISH. Personally using leverage here is too risky for my taste but then again, I favor a modest and low-risk approach.
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