Altcoin Season is imminent!
Hello Traders 🐺,
As you can see in the chart, I’ve included all the key information, but let me break it down for you more clearly:
1️⃣ We have never seen the RSI reach this level on the monthly BTC.D chart before! This looks extremely bearish for BTC.D and highly bullish for Altcoins!
2️⃣ As you might know, every time we see a golden cross in TOTAL2 (which represents the Altcoins’ market cap excluding BTC), it signals the beginning of Altcoin season. The exciting part? This golden cross is happening exactly when BTC.D is at its high percentage levels, making the setup even stronger!
🐺 Stay sharp, trade smart! – KIU_COIN 🐺
As you can see in the chart, I’ve included all the key information, but let me break it down for you more clearly:
1️⃣ We have never seen the RSI reach this level on the monthly BTC.D chart before! This looks extremely bearish for BTC.D and highly bullish for Altcoins!
2️⃣ As you might know, every time we see a golden cross in TOTAL2 (which represents the Altcoins’ market cap excluding BTC), it signals the beginning of Altcoin season. The exciting part? This golden cross is happening exactly when BTC.D is at its high percentage levels, making the setup even stronger!
🐺 Stay sharp, trade smart! – KIU_COIN 🐺
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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.
Related publications
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.