TradingView
Friendtrand
Sep 8, 2019 4:43 AM

FEEL FREE TO BUY ALTS (and 5 uncompromising reasons for it ) Short

Market Cap BTC Dominance, %CRYPTOCAP

Description

HERE IS MY REASONS WHY I SCREAM ABOUT ALTS , WHY I BELIVE IN ATL - SEASON LIKE FOX MALDER BELIEVED IN X - FILES hah )) AND WHY I"M BUYING IT :

1. Just retested resistance of the wedge and ready for free fall ( BTC dominance )

2. also there is HUGE bearish divergence on 1 M & 1 W charts

3. dominance will not be able to rise to the values of 2016 ( then there weren’t so many altcoins ) Foe example - XRP and ETH were the same shitcoins with low market cap like the others , there weren't so many ICOs, there was not a penny in altcoins. I REMEMBER THOSE TIMES. for now -most altcoins have updated their historical minimums .

4. almost two years of stagnation ! (be sure -99% have sold their assets)


5. By the Way - Bitcoin consolidates and looks bullish enough


So here is my reasons why i'm buying while everyone's panic or escaped the market at all . GOOD LUCK !





Comment

The same pattern at gold

Comment

Bonus picture
More