On the daily, it looks like it's in a "Shoulder-Head-Shoulder" pattern, however the Stochastic, RSI and ADX indicators indicate a sideways move with a possible rally. If the BTC rises it can only follow later.
However, now is not the best time to position yourself on altcoins.
I would particularly be left out. The risk return would be approximately 1 to 1, which should be reflected if it is really worth it.
"Not to act is also to act. Sometimes the best thing is to do nothing."
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