Keep it simple : ALT-SEASON BEGIN
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 and are forming an improbable number of 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.
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Have a nice week everyone.
It seems a good chart.
which is your special indicator, @ComeTcrypto ?
What about a BTC TA.. Any idea?