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TradingShot
Apr 17, 2024 10:49 AM

ALTS withstanding the final Resistance before ATH rally.Β Long

Crypto Total Market Cap Excluding BTC, $CRYPTOCAP

Description

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It couldn't be any more simple than that. The altcoin market is having the last short-term correction before an surge past the All Time Highs (ATH). The Pressure Zone 2, which is the Resistance Zone coming off the Bear Cycle's first Lower High, is the last volatility variance and effectively last opportunity to enter before alts start the most aggressive part of the Bull Cycle.

As you can see, they traditional lag behind Bitcoin (BTCUSD), which has already broken past (even marginally) its previous ATH. The pattern is identical to the last Cycle and based on historical behavior, there is no reason to expect something different this time too.

Get ready for a very aggressive Altseason.


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Comments
e2daD
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What are your top 3 ALTS?
DiscoBlue
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excellent work
mikroland
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exciting! Been accumulating for years and patiently waiting!
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