My knowledge is fairly basic when it comes to the TA tools - but I sure know how to connect the dots and extend lines.
I don't understand how or why certain tools and techniques works, but they just do. Look at these trend lines that act as support. ONT can complete a Wave B in it's correctional wave or call it good and begin Wave 2 upwards! If it breaks this current trend line, ONT is falling to the next support line. A chart is a story of an assets sentiments. I think BTC is just beginning a correction, so the alts may have to wait another day to shine....
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