Major altcoin season track idea (inv. Head&Shoulders pattern)
Updated
Hello everyone,
This idea is made for easier tracking of possible upcoming major altcoin season.
Some of the altcoins are allready witnessing 50-300% pumps past weeks/months after a 2-3 years of decidline downtrend
This could change in 2021 !
In my opinion Others.D Monthly is painting a huge inverted HEAD & SHOULDERS pattern
Mooving average 200 dominance analysis
Bitcoin dominance possible projection based on wedge patterns
There is also possibility of a different inverted head and shoulders pattern formation as seen below
So I´ve made even the second version chart for your easier tracking guys
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
others.d, others dominance, market cap others dominance, altcoins, altcoinseason, alt, alts, alt szn, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
This idea is made for easier tracking of possible upcoming major altcoin season.
Some of the altcoins are allready witnessing 50-300% pumps past weeks/months after a 2-3 years of decidline downtrend
This could change in 2021 !
In my opinion Others.D Monthly is painting a huge inverted HEAD & SHOULDERS pattern
Mooving average 200 dominance analysis
Bitcoin dominance possible projection based on wedge patterns
There is also possibility of a different inverted head and shoulders pattern formation as seen below
So I´ve made even the second version chart for your easier tracking guys
ChaChain
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
others.d, others dominance, market cap others dominance, altcoins, altcoinseason, alt, alts, alt szn, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
Note
Well the monthly turned green and looks very good now for the idea to fullyfill Note
Closer view and from opposite way (Different look on situation) Note
Note
MACD is almost crossing bullish and the support line is reached. Bitcoin dominance should bounce here soon otherwise doom Note
Playing out as expected alts ramming its way up Note
monthly is forming 3 white soldiers (we are far from closing) but if it happends then alt szn is very likely about to continue 
Note
Here comes the end of month. Monthly closing is today in 15hours. Soldiers are still there and they are even stronger with higher high if we close in this range. Note
Altcoins thirsty as expected cutting the BTC.D pie 
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