Alt season is upon us. We forget history so quickly. When Bitcoin rose from 3k to 14keverything seemed to be over. The sentiment then was wrong, and the alt market currently feels very similar to that.
We have likely completed a first wave followed by an ABC correction
A break past the top of the wave will confirm the move into the third wave.
1st and 2nd targets are : 161.8% fib : $0.315 261.8% fib : $0.405
I also wouldn't be surprised if we greatly surpass these zones.
I will only be selling after I see oversold indicators on high timeframes signalling a dump.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.