Looking for signs the bottom is in like (But not limited to):-
1. A slow down in the sell down pace, frequency of trades
2. A reduction on the size of sell orders
3. A change in the ratio of the total depth queues (increase in buyers)
4. Big buyer appears or sudden line wipe hits sell side
5. A break in the downtrend on 5m chart
6. RSI below 50
7. Disappearance or reduction of bruised holders on social media (ie they sold)
8. Sudden blow off at bottom
9. Inside bar on the hourly
10. Swing low or hammer on hourly
11. Downrampers dominating conversation
12. Uptick in price
Just takes a few of these combined ...
Watching closely
Starting to see evidence of 1, 5, 9 ,12
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