Ignore the FUD: This pattern shows alt season is almost here

The whales often work together with major global powers such as the US president to create FUD at the perfect time to fill their limit buy orders with retail stop losses. We can see very very clearly on the chart that a spring is being printed which looks really bad right now but looking back will just be a blip of red in a sea of green. They ARE trying to steal your positions. Don't let them!

This also has confluence with our analysis of Ethereum since we think that it will increase substantially. That idea is linked.

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Update. We are currently testing the very very important line. We want everyone to be on high alert because if price can reject this line then the analysis is no longer valid. But if it can break and stay above, then alts should go up much more.

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Ouch! A 4 hour candle closed below. Not looking great!

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Still showing some weakness here. That wick is not pretty.

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hooray it is above the level. lets hope it holds.

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Let's see if the final resistance breaks! Don't be surprised if it consolidates here for a few days first though.

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After having consolidated for a while as we previously predicted, it looks very ready to start going parabolic in the coming days.