My dear friends, let us start a new day of writing with great Altcoins for you today.
I've been looking at hundreds of charts, literally hundreds. Nothing is trading at bottom prices anymore.
The Altcoins market is still within a long-term support zone and sometimes a long-term consolidation zone, but the true bottom, as in the lowest possible, is already gone. This is good, we had plenty of warnings and plenty of time to buy when prices were the lowest, it is time to move to the next phase.
We no longer have the lowest ever but still have very good entry prices all across the market. A great example is Cartesi, CTSIUSDT.
Here you can see the final big ABC and the action recovering above the mid-March low. While full green this week, CTSIUSDT still trades below its 3-Feb. low. This means that it is still early for this pair.
There is a long-term higher low between now (early April 2025) and October 2020.
We are facing the start of a bullish impulse in the form of a 5-up waves pattern.
Notice the potential for profits on the chart. This is what reveals that it is still early. It is still early because even if things end up badly, say a weak bull market, CTSIUSDT can hit $1.11 and produce a bullish wave totaling 1,310%. Since the bull market will be everything but weak, we can expect higher prices.
Not weak but ultra-strong. Something unexplainable and unimaginable. We have to see it, feel it and live through it in order to believe it.
Namaste.