- I mostly use some specific projects to try to predict the next " Altcoin Rally ".
- I typically use Cardano or Doge because they are older and I can use indicators from earlier times.
- Yes doge is meme, but all altcoins are also Memes until they have a real use case right ?
- so you remember this BTC post i made in 2022 ? ( please check it )

- So this is almost exactly the same but with this graph i use :
- Tenkansen ( Yellow line )
- SenkouSpan ( Green line )
- so now check the compressing descending trend.
- check now both lines ( Yellow and Green ).
- Notice when the yellow line cross down the green, we go bear.
- Notice when the yellow cross up the green, we go bull.
- So what we can deduct? - Altcoins are not yet Bullish.
- But remember Altcoins will go parabolic at one point and you want to be there!
- When? - anyone knows the exact date but you need to understand " The Delay ".
- i will post in comments same chart but i will use BTC with same technic and you will get that BTC is already bullish.
Happy Tr4Ding !
- I typically use Cardano or Doge because they are older and I can use indicators from earlier times.
- Yes doge is meme, but all altcoins are also Memes until they have a real use case right ?
- so you remember this BTC post i made in 2022 ? ( please check it )

- So this is almost exactly the same but with this graph i use :
- Tenkansen ( Yellow line )
- SenkouSpan ( Green line )
- so now check the compressing descending trend.
- check now both lines ( Yellow and Green ).
- Notice when the yellow line cross down the green, we go bear.
- Notice when the yellow cross up the green, we go bull.
- So what we can deduct? - Altcoins are not yet Bullish.
- But remember Altcoins will go parabolic at one point and you want to be there!
- When? - anyone knows the exact date but you need to understand " The Delay ".
- i will post in comments same chart but i will use BTC with same technic and you will get that BTC is already bullish.
Happy Tr4Ding !
Trade closed: target reached
___________________________July-18-2024__________________________- now get the timeframe, can be sooner and it will be sooner for sure.
________________________________________________________________
This trade aged well.
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.
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.