BTC looks compelling, Alt Season 2019 is about to begin!
Updated
Well we can see price has broken out from the symmetrical triangle and we are just waiting for the 4H candle close above to confirm the breakout. I have a fully bullish bias at the moment, strong bullish signals throughout the market!
FirstClass Crypto VIP members went long at 3535 catching to low wicks and rode this all the way to the top of the triangle. To summarize on the past data we can see the bears could not get a 4H candle to close below the original 0.618, few wicks below but eaten right up, shortly after we can see a small break up from the bull flag / falling wedge but the bears jumped into combat and stopped this move short. Once price came back down, again tested the 0.618, held support and started to rise I knew we had this one in the bag. The fact BTC price has broken above this symmetrical triangle and will soon close the current 4H candle above is extremely bullish IMO. Not only is this recent move alarming but check out the Alt Coin Market Cap chart posted below.... looks to me Alt season 2019 is about to break out! Remember... you heard it from me first! Because the Altcoin Market Cap chart is not from Tradingview you will need to click the link below to view this chart.
FirstClass Crypto
Telegram ~ @FirstclassEra
Discord ~ @FirstClassEra
discord.gg/KGPZa32
FirstClass Crypto VIP members went long at 3535 catching to low wicks and rode this all the way to the top of the triangle. To summarize on the past data we can see the bears could not get a 4H candle to close below the original 0.618, few wicks below but eaten right up, shortly after we can see a small break up from the bull flag / falling wedge but the bears jumped into combat and stopped this move short. Once price came back down, again tested the 0.618, held support and started to rise I knew we had this one in the bag. The fact BTC price has broken above this symmetrical triangle and will soon close the current 4H candle above is extremely bullish IMO. Not only is this recent move alarming but check out the Alt Coin Market Cap chart posted below.... looks to me Alt season 2019 is about to break out! Remember... you heard it from me first! Because the Altcoin Market Cap chart is not from Tradingview you will need to click the link below to view this chart.
FirstClass Crypto
Telegram ~ @FirstclassEra
Discord ~ @FirstClassEra
discord.gg/KGPZa32
Comment
charts.cointrader.pro/snapshot/L1IONWOW looking at this chart..... damn! The chart you are viewing is the daily Alt Coin Market Cap chart. To start this off, we can see volume is at its highest since last May's "Alt Season". I have shown you (2) red lines.... this is the huge hidden bullish divergence we have going on here and to top it off this current daily candle has broken above the SMA100 with a bullish cross setting up between the SMA50 & SMA100, if this daily candle can manage to close above this SMA100 I am calling Alt Season 2019! Remember... you heard it from me first!
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