Search This Blog

Wednesday, September 4, 2024

September 04, 2024 at 08:30AM SHIB USDT - FRACTAL Shows Bullish Impulse Next

SHIB USDT - FRACTAL Shows Bullish Impulse Next

SHIB / TetherUS BINANCE:SHIBUSDT

Many altcoins are currently in Accumulation Phase and/or approaching great buy zones. This is the part of the cycle where there seems to be very little action, and the price moves in a range and sideways.

It's safe to say that we can expect sideways/range trading until BTC moves the market. In a previous update, I mentioned how it is crucial to watch not only BTC, but BTC.D and the TOTAL3 market for the next move:


The good news, is that this makes for an excellent time to BUY back into any market. The lowest risk option here would require some patience though, because the accumulation cycle often lasts month. Luckily - we are already a month in of mostly range trading.

Here's a look at another altcoin that's possible worth buying - RNDR, which is now approaching a great zone to buy-back :
RNDR: Render BEST BUY Zones

__________________________________
SHIBUSDT

No comments:

Post a Comment