📌 We are in a recovery phase in the market. Generally, when we look at #bitcoin, there is still no strong upward movement spread over medium time frames. It cannot break the 62k band, but since altcoins have been heavily beaten, even the smallest promising move in $btc results in sharper upward reactions in altcoins.
📌 The buy and sell signals on the screen for the specified time frames in altcoins have spread to the medium term, and there are strong and stable upward movements coming from short time frames in most of them. In other words, the short and medium-term upward movements in altcoins are progressing strongly from smaller time frames. This indicates that the movement and recovery in altcoins may continue.
📌 Currently, the upward movement in altcoins is not yet reflected in the 24h, which is the long term. Although the long-term data is insufficient for now, the persistence of strong buy signals in the 4h-6h medium time frame suggests that the price movement could extend to the long term.
📌 After this kind of stable upward movement progressing towards the long term, we might see red sell signals in time frames like 5m-10m-15m. This is very normal and not a situation to panic about. For example, after the upward movement starting from 5m reflects in 4h-6h or higher time frames, there may be pullbacks to rest and strengthen further. These pullbacks are immediately caught by the 5m-10m time frames and warn you, indicating that there is a deterioration in the price, and you should closely monitor it and take action if it continues. If the reds, i.e., sell signals, remain shallow and turn green again, producing a strong buy signal, it means the price is more eager to go up.
📌 With #finderex, you can catch even the smallest changes and many opportunities in over 400 pairs based on data from the smallest time frames, making it very easy to determine where each pair is tired and where it is gaining strength.
▫️ Today's outlook is generally like this, friends. We will analyze the market again tomorrow. Altcoins have started to decouple positively compared to Bitcoin; I hope it continues and reflects in longer time frames, producing strong buy signals and continuing its rise.
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