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CryptoPaily
Feb 23, 2020 8:19 PM

Alts are being accumulated heavily Long

Crypto Total Market Cap Excluding BTC, $CRYPTOCAP

Description

The OBV has exploded since the recent pump in 2020 by more than 200%. This shows significant interest in alts.
Experienced traders or whales are possibly accumulating before the retail FOMO kicks in after the bitcoin halving.
Another thing to watch out for is the golden cross of 100 MA over 200MA which will happen soon.
Alts will outperform bitcoin once they start pumping. But make sure to not keep holding them forever.

Note. This is not financial advise. Please do your own research.

Comment

MA 100 just crossed above MA 200
Comments
tomdelic
sir, this is one of the best analysis I have read, ever. Just, simple, rational, and to the point. Cheers.
CryptoPaily
@tomdelic, Thank you. It is always better to keep things simple. Cheers.
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