Jokers_Analysis

šŸ”„šŸ”„ How much ALTS can move in this ALTSEASONšŸ”„šŸ”„

Long
CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $



As you see currently market cap is moving on a parabolic way and it has bounced from its support line and moving upwards. This time it has a resistance on 1.50-1.60 trillion area.after reaching there it can shortly pull back from 1.09 trillion to 1.20 trillion area.in this area there will have a support zone. The resistance is still 80-100% above of current zone. So ALTS will move at least more 80-100%. If you can hold some technically strong coins you can gain easy 5-10X and even 20X-50X possible if they are fundamentally strong too. In the mean time Alts market cap will face resistance and bounce from support and will continue parabolic structure. in this way it will complete 4 more Step and then will go for a big pull back.

So now Question is ALTS season will over? No. 2021 and 2022 will be ALTSEASON IMO. Because after the upcoming big pull back it will complete the 1st step of the big parabolic structure. So this is only starting of ALTS season. ALTS market cap will reach 1400-1500 Trillion M.Cap before the ending of ALTSEASON. So yes it will be obviously a life building ALTSEASON.

This is only my thought. Not a financial advice.

If you support my idea,please hit a like and follow me for getting notifications of my further ideas.

Thank youā¤ļø

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.