Lord_Of_Dax_

ALTS WEEKLY VIEW - LAST LEG UP and an incoming ALT SEASON?

Long
CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
Everyone is expecting an Alt season.

This could take place indeed but it could also be the end of a BULL CYCLE.

I'm seeing a potential ending diagonal 12345 to end this CYCLE.

I see many people getting interested about Crypto lately like early 2018.

Your hairdresser starts talking about getting into Crypto, your friend that was once against it, starts also asking you questions as well.

Erm... This is not looking too good in my opinion.


Even though the framework is completely different, history could repeat and we could see a bit of struggle for the Alts in middle 2022 until the start of 2023.

This is my personal opinion based on my experience and the wave analysis of course.





Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.