ALTCOIN season just getting started once confirmed !!
This is the weekly chart of Ethereum. To determine the future of altcoins, we need to look at Ethereum since its the king of all altcoins. Altcoins will follow Ethereum's move. The cycle goes like this..
Fiat > Bitcoin > Ethereum (and high market cap coins) > Mid size market cap > small market cap > Then back to Fiat and the cycle starts again!
If we close on the weekly (Sunday 12:00 UTC), that confirms on the WEEKLY that we are on an ALTSEASON (higher time frame means stronger move.. We already confirmed on the daily and 3 day with bullish indicators!). If you think you seen the all-season getting started, you haven't seen nothing yet!!
If bitcoin goes down, then Altcoin/USD will go down, but looking at the Altcoins/BTC pairing, I see a short term bear market, but long term bull!! Go long soon and do not miss out!
I posted some good market structure altcoins for you to look at. NEO, NULS, XRP, EOS, BCH are just a few. Do not listen on the narrative that these are "shitcoins", which I think they are, but WHALES looks for market structure and does not care if they are shitcoins or not.
"Be GREEDY when others are FEARFUL, and FEARFUL when others are GREEDY." - Warren Buffet ;)
Fiat > Bitcoin > Ethereum (and high market cap coins) > Mid size market cap > small market cap > Then back to Fiat and the cycle starts again!
If we close on the weekly (Sunday 12:00 UTC), that confirms on the WEEKLY that we are on an ALTSEASON (higher time frame means stronger move.. We already confirmed on the daily and 3 day with bullish indicators!). If you think you seen the all-season getting started, you haven't seen nothing yet!!
If bitcoin goes down, then Altcoin/USD will go down, but looking at the Altcoins/BTC pairing, I see a short term bear market, but long term bull!! Go long soon and do not miss out!
I posted some good market structure altcoins for you to look at. NEO, NULS, XRP, EOS, BCH are just a few. Do not listen on the narrative that these are "shitcoins", which I think they are, but WHALES looks for market structure and does not care if they are shitcoins or not.
"Be GREEDY when others are FEARFUL, and FEARFUL when others are GREEDY." - Warren Buffet ;)
Comment:
Weekly Confirmation completed!! Bots moving their BTC into ETH is imminent!