absolutefreedom
Long

$altseason wave 4 retracement- mini alt season before a huge one

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, % (CALCULATED BY TRADINGVIEW)
EW analsysis of BTC dominance shows that we should be in wave 4 of the last wave 5 of 5. It s synonym of mini alt season, it will be followed by a wave 5 where BTC will pump again against alts, then it will be the crash and a big one. The targets for the wave 4 are in red on the chart. I tend to think the first red line at the 23.6 retracement is the most probable as wave 3 has been in hyper extension, which is most of the time synonym of short wave 4. I would long alts now until the 1st target is reached.
Happy trading beautiful people!
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