jaydee_757

Ethereum is about to go PARABOLIC!!

Long
COINBASE:ETHUSD   Ethereum
Ethereum is following the Bullish Ascending Channel since it was first born. The middle Dash line has been strong resistance on the Daily, Weekly, and Monthly. This chart shows the break out through the resistance line and turning it into support on the MONTHLY. The higher the time frame, the stronger it is!

Altcoin season is here and in order to follow the trend, we must first follow Ethereums move since it is the king of altcoins.

Check out the Altcoin season chart below (Crypto Total Market Cap Excluding BTC). We are on the verge of another altcoin supercycle

Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.

Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.

I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, NU, LINK, and ALGO are the some of the altcoins I am moving BTC too).

Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!

Good Luck!

Be fearful when others are greedy, and greedy when others are fearful! - Warren Buffet.

"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet

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