Stay prepared, don't let the markets surprise you, invest smart.
Either hodl trough all of it but risk seeing your investment -90% during bear market. Or ride the waves like a cool high-tech surfer.
I included an indicator that measures the price HEAT, and as you can see, we are in an extreme greed fase.
I also included the OTHERS.D , it's the dominance of altcoins, excluded BTC and excluded main cap alts (maybe even POLKADOT).
I use it also as a price HEAT tool. To know wether its a risky period to buy altcoins or not. If OTHERS.D is very high, we can either expect a correction and let money flow into BTC.D (BTC dominance).
Right now OTHERS.D is close to its ATH of 2017, this means that alts are right now as popular as in the 2017 ATH fase.
Just 1% of the full lifespan of this ticker, we've been THIS HIGH. 99% of the time we where lower in price.
So either we will burst trough the roof and expand the chart to new ATH's, or correct.
POLKADOT is still a good buy, and right now we are int ALTSEASON, so there's definetly room on the upside, but also room to the downside. The EMA200 is around @~15$ and we BOUNCED on the EMA50 @~30$
Either hodl trough all of it but risk seeing your investment -90% during bear market. Or ride the waves like a cool high-tech surfer.
I included an indicator that measures the price HEAT, and as you can see, we are in an extreme greed fase.
I also included the OTHERS.D , it's the dominance of altcoins, excluded BTC and excluded main cap alts (maybe even POLKADOT).
I use it also as a price HEAT tool. To know wether its a risky period to buy altcoins or not. If OTHERS.D is very high, we can either expect a correction and let money flow into BTC.D (BTC dominance).
Right now OTHERS.D is close to its ATH of 2017, this means that alts are right now as popular as in the 2017 ATH fase.
Just 1% of the full lifespan of this ticker, we've been THIS HIGH. 99% of the time we where lower in price.
So either we will burst trough the roof and expand the chart to new ATH's, or correct.
POLKADOT is still a good buy, and right now we are int ALTSEASON, so there's definetly room on the upside, but also room to the downside. The EMA200 is around @~15$ and we BOUNCED on the EMA50 @~30$