mr_willmedina

long awaited alt szn, close to being confirmed

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Good evening friends, happy new year!

I see this as an opportunity to come back into publishing some ideas again after the holidays.
But we both know I didnt do much anyway, so thats just an excuse!

Well, yes and no, as much as I didnt do much for the holidays I am getting my bags ready to move back to Brazil after 15 years living in the USA.

Anyway, what I wanted to point out here is a simple race that could show us if this is the start of a big and long awaited alt season.

The race between the red rsi and white energy has started and what we need to happen is: we need the red rsi on the higher time frames to close below 50 before the white energy on the lower time frames close above 50. So now we need the white energy on the 3h to stay below 50 so the rsi on the 6h close below 50.

On my last BTC.D publication I mentioned the 4D could be exhausting and maybe this right here holds the key to freedom for them alt coins!

poor bastards, they suffered this time xD

Trade thirsty my friends!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.