Altseason imminent, here's why...
Hello everyone!
This chart is the total cryptocurrency market cap excluding Bitcoin, therefore it is the market cap of Altcoins.
It is looking extremely bullish after managing to close above the bearish pennant structure, breaking a higher time frame downtrend and testing it as support before moving higher.
So long as Bitcoin remains stable, we can expect Altcoins to rally further, possibly beginning a movement similar to that of late 2017 & early 2018.
Altseason is ready for you, are you ready for it?
Let us know your thoughts in the comment section below.
Remember to LIKE this & FOLLOW us if you want more analysis like this!
Axsonex Team
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DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page. Sources used: binanceinfo
This chart is the total cryptocurrency market cap excluding Bitcoin, therefore it is the market cap of Altcoins.
It is looking extremely bullish after managing to close above the bearish pennant structure, breaking a higher time frame downtrend and testing it as support before moving higher.
So long as Bitcoin remains stable, we can expect Altcoins to rally further, possibly beginning a movement similar to that of late 2017 & early 2018.
Altseason is ready for you, are you ready for it?
Let us know your thoughts in the comment section below.
Remember to LIKE this & FOLLOW us if you want more analysis like this!
Axsonex Team
------------------------------------------
DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page. Sources used: binanceinfo