Entry: 0.001350 $Btc
Stop: 0.001274 $Btc
On Balance Volume has been trending upwards since September as price action continues to trade in a tighter accumulation range
"Volume preceeds price..."
Note Zcash is beginning to move as well
To everyone calling #altseason, yes imo alts look bullish short term, however I don't see this rally lasting long.
This market structure looks exactly like end of Oct/early Nov. (pre 6k dump) & w/ $BTC still only at 52% dominance I see some more sweeping to be done on alts.
No entries or exits as this is just overall market cap.
The goal is to identify a coin in the top 25 MC that has the possibility do 50% w/out leverage over the next 50 days...my entry is ZEC/USD.
Entry $49.00-$53.00 (Risk ~7.55%)
Stop loss: under $49.00/break of a new low
Target of 50%: $80.00
Here is a $DCR trade (fractal) I'm eyeing as $alts begin to look bullish
Its an identical looking setup that I was trading basically all through Aug-Oct.
If you want a combination of rock solid FA & TA for a project here you go
Accumulation > Breakout & retest of 50D Ema > Alt Season? (jokes)
Looking to target and capitalize on the initial breakout and any run...