I’ve applied some details. Read to see what it means as the blue wave moves. VTHO has been smart money spoofed.
How can we read this as the blue wave moves? Let’s take the white ovals as an example. Let’s say there’s no knowing when the downtrend will end. Look at the blue wave, as long as VTHO doesn’t show the blue curve to the downside then no entry should be made and even if the curve shows to start moving downwards, VTHO traders should wait until there’s more confirmation.
You all get the point. I won’t get into more details.
Here we can see the blue wave has almost reached its destination to the green vertical line.
What does this mean?
Your probably thinking, blue wave keeps aiming downwards for some minor uptrend, that’s true but once it reaches the green vertical line, VTHO blue wave trend analysis can’t go any lower than the green vertical line; this means SURGE SPIKE Soon. This is usually the case
There’s more calculation when the blue wave trend moves sideways like in the beginning of VTHO before it surged.
BITCOIN BULLISH = ALTS BULLLISH
BITCOIN BEARISH = ALTS BEARISH
BITCOIN CRASH = ALTS CRASH
All this will be put into practice with smart money movements along with my analysis which will help create more thorough research