Could an alt season be approaching? I'M LONG! (w tight 6% stop)
Updated
Just a few completely speculative ideas that could lead you to believe an alt season is approaching - with 
TRX potentially leading the march.
I have a sneaking suspicion BTC is soon leaving 4k forever, even though I'd personally love a year or longer accumulation phase between 3k-6k.
Keep your eyes peeled on Jan 18th.
Theory:
Total crypto-cap is going to pop upwards - along with: BTC, Alt marketcap and individual strong alts (most binance ones:
ZIL, 
NANO, 
WAVES, 
AION, XXVG, etc.) popping too.
Will be interesting to see how they all run against each other this time around, if another true bull market is in fact brewing (or perhaps already begun).
I think alts will outpace BTC in % gainage.
- parabullic
TRX potentially leading the march.I have a sneaking suspicion BTC is soon leaving 4k forever, even though I'd personally love a year or longer accumulation phase between 3k-6k.
Keep your eyes peeled on Jan 18th.
Theory:
Total crypto-cap is going to pop upwards - along with: BTC, Alt marketcap and individual strong alts (most binance ones:
ZIL, NANO, WAVES, AION, XXVG, etc.) popping too.Will be interesting to see how they all run against each other this time around, if another true bull market is in fact brewing (or perhaps already begun).
I think alts will outpace BTC in % gainage.
- parabullic
Trade active
Update:
Note
Text from the Update right above:What if this is BTC breakout?... (Still Long)
...what if?
The pink line is ATH/Nov-sub-6k-drop resistance. In other words, our greatest known resistance tested since ATH .
This is our 2nd time attacking it, in the past 2 weeks. Looking more breakout-ish imo this time around, but only time will tell. (and then I sell! :D)
Indicators look good.
Currently breaking upward out of a downward channel , that is hugging the pink line, on the hourly.
Heh, while it got nerve-racking for a second there today/yesterday, my $3595 20x long is still open.
Smaller time frame: we need to bust 3640 with conviction and volume , for me to start getting more optimistic. possible that we are just retesting the 3624-3635ish range from past day or two, and will be rejected, still.
Mid time frame: 3850-4300
Longer time frame: 5k-6k pullback finally inc?
- parabullic
#theecoinomy
Trade closed: target reached
Sold for 100% gain (20x) at 3775. Looking for re-entry.
#theecoinomy
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