falling wedge touched and bounced from longterm trendline head and shoulders reversal pattern bullish divercence macd, rsi bullish
wait for the breakout through the downtrend resistance (red) to be sure.. possible upcoming BTC dump (short term reversal) could trash all ALTs again...
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if we fail to breakout here we could see a drop to the trendline before it goes up... (together with btc near july 26th )
just my 2 satoshis....
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looks like we are going to retest the longterm trend line... i'd wait with long...