- I mostly use some specific projects to try to predict the next " Altcoin Rally ". - I typically use Cardano or Doge because they are older and I can use indicators from earlier times. - Yes doge is meme, but all altcoins are also Memes until they have a real use case right ?
- so you remember this BTC post i made in 2022 ? ( please check it )
- So this is almost exactly the same but with this graph i use : - Tenkansen ( Yellow line ) - SenkouSpan ( Green line )
- so now check the compressing descending trend. - check now both lines ( Yellow and Green ). - Notice when the yellow line cross down the green, we go bear. - Notice when the yellow cross up the green, we go bull.
- So what we can deduct? - Altcoins are not yet Bullish. - But remember Altcoins will go parabolic at one point and you want to be there! - When? - anyone knows the exact date but you need to understand " The Delay ".
- i will post in comments same chart but i will use BTC with same technic and you will get that BTC is already bullish.
Happy Tr4Ding !
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- Now compare those lines with BTC and you will notice something. - they already crossed up. - BTC is already bullish.
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- now get the timeframe, can be sooner and it will be sooner for sure. - but cannot be later.
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- Now i give you another trick, use BB on Monthly Timeframe and logarithmic Chart. - when BB is drastically falling down, it means we go Parabolic. - So not yet but stay focused!
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- Same BB Trick with BTC ( Chart from 2023 ) :
Trade active
Hidden Divergence :
Trade active
now, careful the trend and wait for confirmations :
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