This is very exiting, some altcoins start to pump in August but I think is just the beginning, we can see on the global altcoins market cap a beautiful cup and handle, this is a big price pattern.
In the altcoin season, it's better to bet on altcoins because they outperform the BTC.
I think the marketcap will increase by at least 15%, which will give roughly 7%-8% to the BTC and 30 to 40% to some altcoins.
On the Monthly, we can see a bullish hammer on BTC, so I think that after the altcoin season, the BTC will pump very hard.
Note
Here we are!!!
Trade active
We made a pullback today but the uptrend seems ok
Trade closed: stop reached
Due to the dump of today, stop loss is reached. I made profits on XMR and KMD but lost with AION and DASH.
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.