Traders, Hodlr's and Soon to be Liquidity (late retail buyers),
This is likely the moment we have been waiting for. Last week in our weekly VIP market update we discussed just a few things that would really show us if we just saw the bottom of the alts and if it was now time to start seeing some new local HH's and then HL's showing us a shift in trend. I had posted a few trades pointing this out. We have now at this point accomplished what we were looking for to see if we would be starting Alt coins season.
We have been watching a few things. The first being Bitcoin Dominance or
BTC.D as this is a great chart to watch and look for reversals prior to looking at the chart of the specific alt coin against BTC to see if it also is showing it could have a rally or a pullback based on your bias on this BTC.D chart. For instance if I were to want to see maybe when XRP would likely start breaking out say that this BTC.D chart is in fact correct and the triangle trend line will end up being the top for btc dominance at around 64.4% of the total market I would go to 
XRPBTC to give myself some insight on confluence of market movements.
Being that we are now here at the point that I believe we will start to see money flow into alts based on this chart and others such as
TOTAL2, TOTAL3 and TOTALDEFI and the specific BTC pairings that I am holding by looking up the ticker of my alt coin/BTC and studying that chart I will honestly say that I am in the 90%/10% bullish on alts to bearish.
I hope this information helped you in your journey to get more information and come up with your own analysis to base your investment decisions and you become prosperous for doing soo!
Stay Profitable Folks,
Savvy!
This is likely the moment we have been waiting for. Last week in our weekly VIP market update we discussed just a few things that would really show us if we just saw the bottom of the alts and if it was now time to start seeing some new local HH's and then HL's showing us a shift in trend. I had posted a few trades pointing this out. We have now at this point accomplished what we were looking for to see if we would be starting Alt coins season.
We have been watching a few things. The first being Bitcoin Dominance or
BTC.D as this is a great chart to watch and look for reversals prior to looking at the chart of the specific alt coin against BTC to see if it also is showing it could have a rally or a pullback based on your bias on this BTC.D chart. For instance if I were to want to see maybe when XRP would likely start breaking out say that this BTC.D chart is in fact correct and the triangle trend line will end up being the top for btc dominance at around 64.4% of the total market I would go to XRPBTC to give myself some insight on confluence of market movements. Being that we are now here at the point that I believe we will start to see money flow into alts based on this chart and others such as
TOTAL2, TOTAL3 and TOTALDEFI and the specific BTC pairings that I am holding by looking up the ticker of my alt coin/BTC and studying that chart I will honestly say that I am in the 90%/10% bullish on alts to bearish. I hope this information helped you in your journey to get more information and come up with your own analysis to base your investment decisions and you become prosperous for doing soo!
Stay Profitable Folks,
Savvy!
Discord: discord.gg/T9TbZTU7NP
Facebook Group: facebook.com/groups/941170396705881/
VIP Group for signals, education and one amazing day trading strategy... the last you will ever need: Patreon.com/ckf
Facebook Group: facebook.com/groups/941170396705881/
VIP Group for signals, education and one amazing day trading strategy... the last you will ever need: Patreon.com/ckf
Related publications
Disclaimer
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.
Discord: discord.gg/T9TbZTU7NP
Facebook Group: facebook.com/groups/941170396705881/
VIP Group for signals, education and one amazing day trading strategy... the last you will ever need: Patreon.com/ckf
Facebook Group: facebook.com/groups/941170396705881/
VIP Group for signals, education and one amazing day trading strategy... the last you will ever need: Patreon.com/ckf
Related publications
Disclaimer
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.