This is actually an update on a prior post. Alt season is still in play and continues to push Alts higher.
Pay attention that we are currently already halfway our target. The target is in confluence with 1) the golden pocket from the upmove from 2018 till ~sept 2020 and 2) the target of the H&S.
I left the green elipse in the depiction, which was our prediction done in January 2021. The timeline was derived from the angle of the trend prior to the H&S consolidation in the middle of the trend. A H&S typically has an explosive break-out. So we see we are way ahead of the timeline. But not AS EXPLOSIVE as the 35days Altseason back at the end of 2017.
Be aware that a bounce up is, along the way down is probable. We hadn't have a retest of the neckline of the H&S, which is a probable move. Also the RSI is showing oversold levels. Unfortunattely a BTC.D chart isn't that clean that we can be to certain of short term moves. So the check the charts of your specific coins. Know that the BTC.D is calculated by market cap. of the ALTS. ETH and BNB have a significant impact.
Cherish the Alt-gains don't get cocky nor greedy. Don't ape into tops.
Lead the pack
Pay attention that we are currently already halfway our target. The target is in confluence with 1) the golden pocket from the upmove from 2018 till ~sept 2020 and 2) the target of the H&S.
I left the green elipse in the depiction, which was our prediction done in January 2021. The timeline was derived from the angle of the trend prior to the H&S consolidation in the middle of the trend. A H&S typically has an explosive break-out. So we see we are way ahead of the timeline. But not AS EXPLOSIVE as the 35days Altseason back at the end of 2017.
Be aware that a bounce up is, along the way down is probable. We hadn't have a retest of the neckline of the H&S, which is a probable move. Also the RSI is showing oversold levels. Unfortunattely a BTC.D chart isn't that clean that we can be to certain of short term moves. So the check the charts of your specific coins. Know that the BTC.D is calculated by market cap. of the ALTS. ETH and BNB have a significant impact.
Cherish the Alt-gains don't get cocky nor greedy. Don't ape into tops.
Lead the pack
