Alt-season
ALGO, the silent mover, has a lot of room to go UPBeen following this for some time now, and, I think ALGO will surprise us really a lot, its been slowly and steadily building up its bases, this is to be a healthy indication, not some crazy pump and dumps with high volatility, but steady growth from the start indicates strong coin. Targets are in sight. I am a noob trader, so please, this is not financial advice, this is just my theory and practice.
Invest at your own risk, and follow your gut feeling.
Bitcoin Dominance Chart Rejection.... Alt Season?Major Trend currently showing a rejection of the Bitcoin Dominance. If 1D candles close below this trend line I will assume a rejection is underway and prepare for a major Alt Season! Indicators look soft as well.
XRP UFT MATIC on my radar. Check out the coins on PayPal ETH, LTC and BCHabc could do really well, not financial advice.
COULD IT BE MORE CLEAR?Bitcoin dominance is clearly laid out in elliot waves. Alt season is here?!
Who knows?
Good luck!
TWO OPTIONS FOR BTC DOMINANCEHey everyone!
I wanted to update you on two option for the BTC DOMINANCE on the 3-Day.
With BTC dominance struggling to get above 71% & 73% it is possible that ALT SEASON is upon us. However, be ready. BTC can blast off at a moments notice leaving ALTS in the dust.
So, these are the two options I see for BTC dominance over 2020.
Be ready.
Who knows?
Good luck.
*Not financial advice*
BTC heading to break out channelALTs sell off will come soon. BTC is ready to break out channel throught support line. It is great thing cause it will lead to huge panic! Have fun bitcoin maximalists^)^
BTC Dominance (1D): Alt Season Soon!BTC Dominance fell off the bearish wedge. RSI is showing a triple divergence. Looks like alt season is around the corner. Good luck everyone!
Alt season on the horizon?I'm a noob so looking for feed back.
A lot of Alts have macro falling wedge set ups.. you think this could mean BTC is in consolidation for some months to come and Alt season kicks off?
$altseason wave 4 retracement- mini alt season before a huge oneEW analsysis of BTC dominance shows that we should be in wave 4 of the last wave 5 of 5. It s synonym of mini alt season, it will be followed by a wave 5 where BTC will pump again against alts, then it will be the crash and a big one. The targets for the wave 4 are in red on the chart. I tend to think the first red line at the 23.6 retracement is the most probable as wave 3 has been in hyper extension, which is most of the time synonym of short wave 4. I would long alts now until the 1st target is reached.
Happy trading beautiful people!
BTC.D - Next wave of Altcoin season at fight or flightBitcoin's market dominance appears to be at a the precipice of reversal, which would trigger the next wave of Altcoin season.
BTC breaking out, above the triangle invalidates this idea.
I think we will see an immediate drop in BTC dominance down to at least 59.
Some alts will pump in this period while speculating traders take their bet.
Upon reaching 59, the market will have a choice to make. Dipping below say 58.5 will break the triangle and we'll see a bloom in alt coins.
If Bitcoin dominance breaks below 57 and especially below 56 we'll see alt coins bloom A LOT. ;)
Good luck!
ALT season ou pas ALT season telle est la question ?ALT season ou pas ALT season telle est la question ?
BTCUSD Choose your ending- Double Bottom chapterA few options for the end of the bear market.
The white path appears to be most whale friendly and will be watching here.
Additionally, the green path would be most Alt Season friendly.
STRAT - Stratis falling wedge Daily time frame showing falling wedge + a close MACD cross.
(This is not financial advice, this is a volatile market where anything can happen)
VIA - Viacoin falling wedge Looking at the Daily time frame we see a falling wedge pattern + MACD cross.
(This is not financial advice, this is a volatile market where anything can happen)
ALT SEASON OR BTC BULL RUN?They say people only see what they want to believe, that markets exist to make fools of the overly hopeful...
Well, half of the crowd is calling for an alt season, and the other half for a new BTC all time high. IMO both groups are jumping the gun as we are still in a downtrend! In order for either to occur BTC needs to enter a sideways accumulation phase first.
On the log 1D I see a clear uptrend & downtrend, based on which I can assume we will narrowly escape this downward spiral in mid-April and have ourselves an alt-season. Why not a BTC bull run? Simple - we can't start another BTC run-up until we consolidate, and historically we see that when BTC consolidates, alts flourish! BTC has yet to move sideways whereas many alts have been bottomed out for months already.
Of course, neither alt nor BTC can flourish with the low volume we're having lately - we need a newfound public optimism in the cryptosphere to proceed. Furthermore, for 2018 to be the biggest year for crypto yet, we will need institutional money to enter as well, which we all know is waiting for the green light from regulators. With most of the FUD from this past quarter exhausted, & though its contradictory to my opening sentence, I feel HOPEFUL for the remainder of 2018 :).
Just my thoughts, happy trading!
