Note: If this plays out, it does not mean money can't be made on alts! Stronger alts may go sideways or even gain in value. Weaker alts (aka shitcoins) will get destroyed, so alts should be chosen wisely.
I know a lot of people are hodling alts and hoping for a breakdown out of this ascending triangle. To me, this looks like it's bottoming out. Also the triangle has a lot more room to be filled.
According to this pattern, the next start of alt season should be whenever price hits the top side of the ascending triangle around 71.50%. Whenever price decides to break down out of this ascending triangle, it will cause a MASSIVE alt-run.
All my opinion, GLTA.
I know a lot of people are hodling alts and hoping for a breakdown out of this ascending triangle. To me, this looks like it's bottoming out. Also the triangle has a lot more room to be filled.
According to this pattern, the next start of alt season should be whenever price hits the top side of the ascending triangle around 71.50%. Whenever price decides to break down out of this ascending triangle, it will cause a MASSIVE alt-run.
All my opinion, GLTA.