FEEL FREE TO BUY ALTS (and 5 uncompromising reasons for it )
HERE IS MY REASONS WHY I SCREAM ABOUT ALTS , WHY I BELIVE IN ATL - SEASON LIKE FOX MALDER BELIEVED IN X - FILES hah )) AND WHY I"M BUYING IT :
1. Just retested resistance of the wedge and ready for free fall ( BTC dominance )
2. also there is HUGE bearish divergence on 1 M & 1 W charts
3. dominance will not be able to rise to the values of 2016 ( then there weren’t so many altcoins ) Foe example - XRP and ETH were the same shitcoins with low market cap like the others , there weren't so many ICOs, there was not a penny in altcoins. I REMEMBER THOSE TIMES. for now -most altcoins have updated their historical minimums .
4. almost two years of stagnation ! (be sure -99% have sold their assets)
5. By the Way - Bitcoin consolidates and looks bullish enough
So here is my reasons why i'm buying while everyone's panic or escaped the market at all . GOOD LUCK !
1. Just retested resistance of the wedge and ready for free fall ( BTC dominance )
2. also there is HUGE bearish divergence on 1 M & 1 W charts
3. dominance will not be able to rise to the values of 2016 ( then there weren’t so many altcoins ) Foe example - XRP and ETH were the same shitcoins with low market cap like the others , there weren't so many ICOs, there was not a penny in altcoins. I REMEMBER THOSE TIMES. for now -most altcoins have updated their historical minimums .
4. almost two years of stagnation ! (be sure -99% have sold their assets)
5. By the Way - Bitcoin consolidates and looks bullish enough
So here is my reasons why i'm buying while everyone's panic or escaped the market at all . GOOD LUCK !
Note
The same pattern at gold 
Note
Bonus picture 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.