Yellow line has shown to be VERY important In 2021 #altcoin traded in the area for 1 month before it ended up breaking out to the upside Broke & CLOSED under yellow line 11/22 - 1/23 -
TOTAL3 Has broken the yellow line @ green arrows & has found support right underneath, done this 2x before today, SO FAR @ LEAST This is 1x it hasn't had big reversal & HEAVY volume Each bounce @ this area has been weaker Hmmm - Volume has picked up but it is not what it was before Could this be waning interest in the space? - RSI looking better, positive divergence
BTC has HUGE favor vs #altcoins atm ETH not shabby either