DISCLAIMER:
This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing.
everyone should buy and sell according to their own strategy.
Everything you need to know is outlined in the chart and keep in mind that we are moving...
The Altcoins index (OTHERS) is coming out of low and getting ready to grow... Altcoins season?
We see a 100% rise incoming within the next 6-8 weeks.
This fact can push the altcoins 2-5x higher...
We are talking about the Altcoins vs Bitcoin (ALTSBTC) and Altcoins vs Tether (ALTSUSDT) trading pairs.
It will be a nice wave.
Think back to March 2022.
Namaste.
Similar situations in yellow circles
The first yellow circle led to a MASSIVE increase in the altcoin market cap
Will we see similar increases with the second yellow circle? which is comparatively in the same spot, above 3.618
What happened each time the RSI touched the historic trendline?
ALTCOIN SEASON BABY!
It's not far. Weeks maybe a few months!
Dividing marketcap for OTHERS vs BTC marketcap.
Are we losing the major and last support?
Or it's likely gonna push us up for a while?
Look at the RSI level..! we've never been this low since December of 2018...
DISCLAIMER:
This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing.
everyone should buy and sell according to their own strategy.
Everything you need to know is outlined in the chart and keep in mind that we are moving...
Also seen in my previous post, this time zoomed out. 'Others' chart with a lot of similarities during the covid crash in 2020.Take a good look at it and judge for yourself ;)
If this will resemble previous crypto season like 5 years ago, then the accumulation tends to end in late 2024 or early 2025..
First trendline breaks, then accumulation phase begins.
DISCLAIMER:
This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing.
everyone should buy and sell according to their own strategy.
Everything you need to know is outlined in the chart and keep in mind that we are moving...
Using Fibonacci Circles the transition to a bullish state can be demonstrated as a change from 2.618 to the next outer fib circle 3.618
We can see a bottom and bounce off the uptrend channel and a continuation to a state that includes a bullflag (in green rectangle)
This is a bullish sign, the middle line of the up channel is the nearest resistance
That's a 3.5x from here. 350%.
I think altcoins dominance will be at 65%.
That means some smaller altcoins are going to 10-20x easily!
My money is on EGLD and VET.
I'm selling everything at $1.5B.
