This could be a good time to long altcoins. The Altcoin/BTC ratio looks like its bottoming. If not then the lower green boxes are targets. But you can see that altcoins have been pretty much down only since November 2022.
TOTAL3 excludes ETH but I think ETH will do well too. I'm hoping Bitcoin doesn't tumble and take the whole market down. Best case scenario for my trades is BTC going sideways and altcoins running upwards. Otherwise there's a lot more room for alts to fall.
TLDR; I'm long alts
TOTAL3 excludes ETH but I think ETH will do well too. I'm hoping Bitcoin doesn't tumble and take the whole market down. Best case scenario for my trades is BTC going sideways and altcoins running upwards. Otherwise there's a lot more room for alts to fall.
TLDR; I'm long alts
Comment:
chart is still looking good and with this market dump I could see altcoins rallying hard. It's an important time to watch.
Comment:
I think bitcoin will make another move up (this breaks down slightly)
then altcoins could hopefully run. I'm only in alts.
then altcoins could hopefully run. I'm only in alts.