CoinKarma introduces new indicator: ALT Resilient Index (ARI) Veterans of crypto trading should have heard this sayingAltcoin do not fall with Bitcoin, it is often the bottom of the market. Why? Theoretically, when BTC falls, market makers will follow suit to control the exchange rate of BTC trading pairs, and the fall will be worse than the decline of BTC itself. However, if the market has entered a state of excessive liquidation in the short term,
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CoinKarma
@coinkarma_
07-10
Introducing the New Indicator: ALT Resilient Index (ARI)
ARI is designed to identify moments when Altcoins deviate from BTC's downtrend, which often indicates a local bottom.
Use it to effortlessly pinpoint optimal long entry opportunities.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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