We’re Getting Close to Altcoin Season | Pattern from 2021
BTC.D is showing a pattern eerily similar to what we saw in 2021.Here’s how it played out back in 2021:
Stage 1: After the 2017 alt season, we saw a W-bottom pattern form.
Stage 2: An uptrend emerged after breaking through the neckline of that W-bottom.
Stage 3: The real altcoin season kicked off as #BTC.D broke the uptrend line, and the market went crazy!
Now, let’s fast forward to today:
Stage 1: After the 2021 altcoin season, we’re seeing a multiple-bottom pattern.
Stage 2: An uptrend formed after breaking through the neckline of that pattern.
Stage 3: This is where we are now—the wild altcoin season could begin once BTC.D breaks the uptrend line!
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🔴 Get 20% Off Every Spot Trading Fee on Bitge: lihi2.com/5tNHE
[Follow me] to see my 'guesses' on future scripts of various cryptos.
[Follow me] to see my 'guesses' on future scripts of various cryptos.
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.