The chart speaks for itself. All indicators bullish.
This might be the biggest thing happening 2020 right after what ever BTC does.
One word: LONG
1W:
-B
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Enjoy!
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We might quite possibly see a hard rejection or a possible bullflag formation forming under here @ 0.045. Past there biggest drops have found support here, and this is now massive resistance, before we can continue to the 0.236 fib and C extension.
We are minor short here or at least ready for a pullback.
-B
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*past three
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We are seeing a cool-off, and usually this takes a little while before it starts to drop down as more traders fomo in making the price hover still. We can start looking for a entry as this starts to retrace. AND as usual, the best way is to average in. We should be anticipating a support bounce of the MA lines that are lagging behind, this indicates we have perhaps a couple of weeks of retrace ahead before we start to see an upswing.
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like this:
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Here we go guys! bull flag and soon reversal on macd, this is early signals for good re-entry or close short and go long.
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The correction should be over, we can see the real TA behind all the noise: BTC made a big move to fake people and it obviously happened in the alts aswell.