Total 2 index is located in a sensitive area. There are some positive points in it that can be evidence that it can register a new ATH and see the real ALT season. Initially, a pattern of cups and handles was formed in the weekly time frame, and it was able to make a good candle this week. The CCI is testing its 100 line break for the second time and is on an uptrend Its MOM is above 65 and that is a good sign. If this happens and it can break its resistance in the range of 1.44 - 1.49, each altcoin can grow by an average of 50% I think the Alt season is on its way.
If BTC go to the ATH. So how about Altcoins? I saw BTC Increase - Altcoins do not and BTC decrease - Altcoins decrease stronger. Can you help me explain this? Tks
Nimat13
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@ducmo102, my dear friend We have several indicators in the crypto market that are very important for analysis BTC.D TOTAL2 USDT.D If Bitcoin can register a new ATH and at the same time BTC.D rises sharply and TOTAL2 falls, Altcoins will fall sharply and then grow, but if the growth of Bitcoin is not accompanied by a significant increase in BTC.D, surely Altcoins will grow very well
ducmo102
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@Nimat13, thank you very much. I'm a newbie, I'm Long altcoin when BTC rises. So in the end 50% loss. I'm waiting for altcoinseason to earn back. huh
Nimat13
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@ducmo102, It is important to take a step You can ask me any question you want and I will gladly answer it
ducmo102
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@Nimat13, can you help me for a true direction. Do you trade future? How do you split your investment? At first i had 7000 dollars to trade. I have split each order about 1000 to long x10 and after that I loss. Now I just wanna earn back.