Say Hi To Alt Season
Finally after a long wait, alt season is officially here.
With Nasdaq shrugging off coronavirus and Tesla went parabolic, capital will indeed flow into riskier asset including crypto.
The current setup for altcoins are more bullish than 2019 March-April setup whereby Altcoins are showing some strength versus Bitcoin, later to be crushed by BTC.
The current accumulation period has been for some time and altcoin dominance is showing strength despite the selloff in Bitcoin, which is a good sign.
Whether Bitcoin will crush this alt season remain to be seen, maybe this will be an event where the whole market moves up together versus only Bitcoin only.
Most likely it will be rotational play whereby one coin goes parabolic after another or maybe it will move in groups versus everything goes up together.
We have seen for example Dash, ETC and Zcash going up together. And also the Bitcoin family, i.e BSV, BCH, BTG, BCD went parabolic. It will always move in that way.
And then we had ICX, WAN, AION and others.
It will be like that and market has always been like that.
Our goal is not to fall in love with some toxic maximalism, we want to MAXIMIZE our profit which means we will constantly monitor the setup in every coins and will trigger or buy once breakout is confirmed, ride it all the way up, take profit and move to another coin.
All the trades are secret, there is no point in sharing this with everyone, if someone makes more money from trading, there is no need to "sell" to other people their secret.
Whatever written here is more than enough for the curious to figure out things on their own.
Until now, this account remains a troll account to remind people that there is more to financial market than just Elliot Wave.
Peace.
With Nasdaq shrugging off coronavirus and Tesla went parabolic, capital will indeed flow into riskier asset including crypto.
The current setup for altcoins are more bullish than 2019 March-April setup whereby Altcoins are showing some strength versus Bitcoin, later to be crushed by BTC.
The current accumulation period has been for some time and altcoin dominance is showing strength despite the selloff in Bitcoin, which is a good sign.
Whether Bitcoin will crush this alt season remain to be seen, maybe this will be an event where the whole market moves up together versus only Bitcoin only.
Most likely it will be rotational play whereby one coin goes parabolic after another or maybe it will move in groups versus everything goes up together.
We have seen for example Dash, ETC and Zcash going up together. And also the Bitcoin family, i.e BSV, BCH, BTG, BCD went parabolic. It will always move in that way.
And then we had ICX, WAN, AION and others.
It will be like that and market has always been like that.
Our goal is not to fall in love with some toxic maximalism, we want to MAXIMIZE our profit which means we will constantly monitor the setup in every coins and will trigger or buy once breakout is confirmed, ride it all the way up, take profit and move to another coin.
All the trades are secret, there is no point in sharing this with everyone, if someone makes more money from trading, there is no need to "sell" to other people their secret.
Whatever written here is more than enough for the curious to figure out things on their own.
Until now, this account remains a troll account to remind people that there is more to financial market than just Elliot Wave.
Peace.