AlanSantana

✴️ Standard | 99% Clear Bottom Signal (New Uptrend To Form)

KUCOIN:STNDUSDT   Standard / Tether
A new uptrend can last for years, literally.

Here we have STNDUSDT (Standard) showing a very strong bottom signal, let me show you.

Today we have the biggest candle since February supported by high volume.

Such a big candle after a new All-Time Low indicates that the trend is about to change.

But hey, you could say that in February we can also spot a huge candle that lead to a lower low... This is true but the situation is different now.

Preceding todays candle, which produced 99% growth, is a trend of rising volume. The lower prices go, the higher the buy volume becomes.

After the new ATL, we can see buy volume being predominant and now the 99% bullish breakout takes place.

This is a clear bottom signal and if the bottom is hit what follows is a new trend. A change of trend; an uptrend.

An uptrend is defined by higher highs and higher lows, this can last for years, literally... So imagine the potential of following this pair as it goes up.

Namaste.

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