Experimental review.
Hi.
There is a lot of debate going on on bitcoin dominance right now and I thought I wanted to get the most out of this picture.
I came up with the idea to take the weekly Renko chart for parsing and leave almost all my usual indicators except EMA (it is not needed here).
And VFI LF is also unnecessary.
So what do we observe, besides a...
ALT MARKEPCAP is hitting the resistance right now.
This is a threshold point for the alt market.
If the index breaks this resistance alts will pump along with BTC.
I will keep this chart updated follow me for more.
Hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
Hello buddies, how are you?
No need to explain about Alts for what happening over the past couple of days. We had seen huge red candles on the overall market. But most of us did not even imagine that the market will fall that much. So presenting you my thought on the current Alt market cap is what am seeing right now.
- In the chart, you can spot Pitchfork which...
Very similar pattern playing out right now to that of 2014 to 2016 on the Altcoin Marketcap!
Same wave patterns and very similar time duration's on the downtrend cycle of the bear markets.
Alt season should be starting within the next few weeks, around the 21st October.
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