ALT-SEASON or NOT ? So how do we understand this? Altseason
To understand this, I checked the whole market by doing very detailed study. I share the charts that I find important on the subject.
The most important charts are:
1-) Btc Dominance
2-)Eth/btc
3-)Eth/usd
4-) Total2, Total3 marketcap
5-)Others dominance
6-)Others...
Altseason is the moment when the big players have taken profits from bitcoin and now the capital is flowing from bitcoin to altcoins! You must understand that not all altcoins will be profitable in the same way!
No need to focus on specific dates and try to predict the future. Your task is to adapt to the market order flow.
The first wave of momentum is...
The accumulation phase is the starting point of a new trend where the smart money is buying into a stock.
Then we start pushing up which attracts the eye of the general public aka the retail traders.
At this stage, everyone starts to pile in before we reach a climax point.
Uninformed investors continue to buy while at the same time smart money sells their...
Hello Fellas, Today is a very interesting day when we see at the market . it is all because I saw a lot of buy signals from altcoins which could lead them into a huge bullish run in the next few days.
First of all, if we look at the 4 hours chart, we can easily find an ascending triangle has been formed which usually could lead the price to go up. Beside that,...
"What seems good is not necessarily good" Maybe this statement is the right quote to represent current condition of the market in cryptocurrency universe, especially in altcoins!
A lot of arguments about the next altcoins season has occured lately. not just because the height of the bitcoin dominance, but also most of the altcoins has reached an extremely bottom...
Hello fellas, Finally we get some moves on BTC and once again our analysis has met the precision here with a drop. I've warned you about the bull trap region and possible drop. At the time I made this post, the bitcoin dominance is standing at around 69.4% which is extremely high and not ideal for me. So, I believe in the near future, the dominance will throw over...
