Subtle signals because this is a long-term chart yet revealing... Let's look at Frax Share vs Bitcoin (FXSBTC).
WARNING: Trading Altcoins vs Bitcoin (ALTSBTC) is for experts, high profitability ahead. Be aware!
Let's start by looking at the candles and volume.
✔️ FXSBTC produced four sessions flat, that is from early June through early July.
✔️ This week the highest volume came in on the bulls side since February.
✔️ In June 2022 we have one session marking the bottom and prices start to grow.
✔️ In 2023 we have 5 sessions forming a bottom and then prices will start to grow. This is an alternation, fast vs slow.
The potential is huge, we are looking at 323% and up to 522% mid to long-term but there can be more.
Once things start to develop we will know how much strength the bulls have, the momentum and we can update the charts and targets before the major bull-run, we have plenty of time.