Hello, Skyrexians!
We have already made a lot of analytics about the Bitcoin Dominance, today it's time to update
OTHERS.D analysis because it looks like the bottom could be in!
Let's take a look at the daily time frame. We have already pointed out that globally altcoins are about to finish the bear market and the 5 Elliott waves impulse which you can see on the chart is this last wave. Recently we have shown you the bullish divergence with the Awesome Oscillator, today we can see the confirmation of the divergence on the Acceleration/Deceleration indicator, which measures the waves inside wave 5 with no need to go on lower time frame. This divergence in conjunction with the green dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] gives us strong confirmation of the reversal. The minimal target is 10-10.5% then we will see is it going to be true altseason or not.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
We have already made a lot of analytics about the Bitcoin Dominance, today it's time to update
OTHERS.D analysis because it looks like the bottom could be in!Let's take a look at the daily time frame. We have already pointed out that globally altcoins are about to finish the bear market and the 5 Elliott waves impulse which you can see on the chart is this last wave. Recently we have shown you the bullish divergence with the Awesome Oscillator, today we can see the confirmation of the divergence on the Acceleration/Deceleration indicator, which measures the waves inside wave 5 with no need to go on lower time frame. This divergence in conjunction with the green dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] gives us strong confirmation of the reversal. The minimal target is 10-10.5% then we will see is it going to be true altseason or not.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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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.
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
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.