Welcome to this quick update everyone. First of all Thank you so much for the immense support from you all. This is the reason why I decided to post on tv again. Let's get to the chart. Every time we see a cross of 21D MA below the 50D MA in daily chart we have witnessed an altseason. It has been very accurate for the last three alt seasons. I see it repeating again. December is good for altcoins too. Observe the purple boxes in the chart. RED LINE : 50D MA GREEN LINE : 21D MA
Dominance is also facing an important resistance around the 64 level. Any break and close above this area could simpy invalidate this chart and the fractals too.
Let's wait for the fractals for the next few daily close.
I hope you learned something new from this chart. I always try to point something out of my charts for you to learn and also see something that no one else is talking about. If you haven't, do have a look on my previous dominance charts to know the accuracy of my calls.
Thanks for reading.
Feel free to hit the like button if you like my updates and follow me for more upcoming Interesting charts.
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.