Bullish Jump, Bullish Growth, Bullish Signals & Bullish Altcoins

21 de dez. de 2024

This is a great example of a strongly bullish chart. The low was in August and in December we get a higher low. Even if by one satoshi only a higher low is a higher low and works as a bullish signal. Technically speaking, it is a double-bottom but can be considered stronger because it reversed right before reaching the previous support level.

Let's keep it simple shall we?
It is going to grow a lot.

The second signal is the previous bullish wave. The long upper shadow on the 11-Nov. session shows that resistance has been removed. On the next bullish jump, we get a higher high. In this chart and in this case, this can mean 243% to 420% potential for profits. Long-term there can be more.

Thank you for reading.

Namaste.