The great thing about trading altcoins within the cryptocurrency market is being able to take advantage of the fact that the whole market is interconnected.
After the November 2018 drop, we saw huge opportunities developing all throughout the entire market. We literally shared hundreds of trades here on Trading View were over 90% of them produce massive positive results. As one altcoin started to give signals of a bottom and a strong potential for a trend reversal, the rest followed.
As one trading pair moved up and generated hundreds of percentages of gains in a matter of days, the rest of the altcoins followed.
I am looking at WABI (TAELBTC) on Binance and I am seeing a very strong bounce happening right now.
Almost all gains shredded on the past 14 days have been regained in just 3 days.
After hitting EMA100 / EMA200, TAELBTC moved back up with massive strength growing ~83% in value and regaining most loses.
TAELBTC is now trading ~390% higher compared to its August 2018 low.
Now, this is great news as it can mean that the other altcoins will also produce similar gains on their bounce after this retrace.
On a different note, the MACD and RSI haven't risen high enough on this bounce. The momentum is really huge but there is some volume lacking, so this can be the end of this second wave.
We can use this information to help us compare and understand how the rest of the market is going to move, as well as to share many safe, profitable and fast trade with you in the near future.
Please hit like if you want now to see these trade shared here on our Trading View profile, your support is truly appreciated.
If you missed the WABI bounce, no worries at all... It doesn't matter what happens, many more opportunities will always come and are already on their way.
And it truly doesn't matter what anybody says... Live life in your own understanding of happiness, because remember, you are special, and regardless of whatever happens... You will always deserve the best.
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