Keep it simple : ALT-SEASON BEGIN
Hello everyone, it has been a long time since I didn't post any new chart. Here is one. I thinking we should see an ALT-SEASON soon.
All the bears are looking at the red zone which is 2 or 3% upside us. I know all the BTC maximalist should see a BTC straight up again to 90% dominance but I find it technically unlikely.
All the informations for the monthly time-frame are on the chart. So let's see at lower time-frames :
We are currently at a Green Weekly 9, which should imply at least a 1 to 4 weeks of correction (due to the monthly chart it will probably be more).
Daily and 3D RSI and MACD are forming an improbable number of bearish divergences.
Under my chart you can see one of my special indicator which is calling for a massive correction. It shows massive overbought territory.
In other words: ALT-SEASON is ready (or nearly ready) to BEGIN.
AS always YOU trade at your OWN risk. I can't be responsible for your loss. I'm not a financial advisor, I'm doing it for my personal trading and entertainment.
If you find this topic interesting, please show me your support and press the like button, comment, share and follow.
Have a nice week everyone.
All the bears are looking at the red zone which is 2 or 3% upside us. I know all the BTC maximalist should see a BTC straight up again to 90% dominance but I find it technically unlikely.
All the informations for the monthly time-frame are on the chart. So let's see at lower time-frames :
We are currently at a Green Weekly 9, which should imply at least a 1 to 4 weeks of correction (due to the monthly chart it will probably be more).
Daily and 3D RSI and MACD are forming an improbable number of bearish divergences.
Under my chart you can see one of my special indicator which is calling for a massive correction. It shows massive overbought territory.
In other words: ALT-SEASON is ready (or nearly ready) to BEGIN.
AS always YOU trade at your OWN risk. I can't be responsible for your loss. I'm not a financial advisor, I'm doing it for my personal trading and entertainment.
If you find this topic interesting, please show me your support and press the like button, comment, share and follow.
Have a nice week everyone.
Comment:
New update on BTC : www.tradingview.com/...-one-has-identified/
Comment:
Chart is working well.
Comment:
Perfect trade is achieve soon.
Trade closed: target reached:
BTC dominance goes from 72 to 61. Now i expect a consolidation so i close the chart.
