In my previous post I suggested a breakout and retest was in place. This is looking good to me. What do you think? Is this the retest before the next push higher?
Lower timeframe breakout here. Lets look for a retest and continuation over the coming days to see what happens. My previous post suggested the bottom was close and with BTC looking ready for a relief rally we may start to see some relief here with alts also. What do you think?
As you can see in this chart we have severe Oversold RSI conditions similar to the previous bottom. Could this be signaling a reversal/bottom for the next leg up? Also notice the chart formations and Fib Extension of the previous rise. Based on the previous rise and retracement could this be the start of a new rise to 13c and higher. What are your thoughts?
