As i said earlier we entering in a really special period. I will call it the time of ALTS. Some people think that the trees rise to the skies. I am not one of those guys. A trader should play a system when some kinds of configurations and patterns appears... That's exactly what we are seeing in the ALTS market.
First this is a primer analysis who shoud normally will be follow by many others. This is an investment strategy for the next months/years and not a swing trade.
Concerning
ETHBTC, we can see that it seems ready to start his wave 3 after a really good wave 2.
MA 50 and 20 are ready to support prices in a new uptrend and MACD is also ready to crossing on the weekly scale. These types of rare configurations are actually multiplying on the major ALTS ( that's why Zcash and ETC... :-) ) and especially is observed incredibly well on the volumes of purchases of recent weeks. That's why i start to spoke of seasonality with you. We should be ready for the decontractions of the ALTS.
All thank's to ALLAH
Your suggestions and personnal views will be appreciate :-)
First this is a primer analysis who shoud normally will be follow by many others. This is an investment strategy for the next months/years and not a swing trade.
Concerning
ETHBTC, we can see that it seems ready to start his wave 3 after a really good wave 2.MA 50 and 20 are ready to support prices in a new uptrend and MACD is also ready to crossing on the weekly scale. These types of rare configurations are actually multiplying on the major ALTS ( that's why Zcash and ETC... :-) ) and especially is observed incredibly well on the volumes of purchases of recent weeks. That's why i start to spoke of seasonality with you. We should be ready for the decontractions of the ALTS.
All thank's to ALLAH
Your suggestions and personnal views will be appreciate :-)
Trade active
i am on ETH since long time...Trade active
ETH looks ready to the moon ... Be aware to the seasonality brothers and sisters....Trade active
Still active and move on 15.5% of profit since we shared it :-)All thank's to ALLAH
Trade active
Trade move on profit about 85% and looks ready to continue his travel to the moon ..... All thank's to Allah
Ps: Many people ask me about the term "wave" it was just to show the 3rd cycle of eth against BTC and not about Eliott waves .
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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.