Long term view of OTHERS.D
This is an addition to the recent BTC.D post. In my view both have to be considered to get an overall view of the market. As you can see the Alt coin market is forming an ascending triangle. If Ascending triangles are continuation patterns then a breakout would be huge in the next couple of years. Even a bounce here and a retest of the top of the triangle would give us an amazing alt season.
1. RSI is at point that's served as a bounce in the past. Only one other time has it ever dropped below this point.
2. KDJ is oversold and trying to turn upwards.
3. Have no idea when a breakout would be. Although is estimated to be around the end of 2022. Would this be an ultimate Alt season or the decoupling from BTC.D?
1. RSI is at point that's served as a bounce in the past. Only one other time has it ever dropped below this point.
2. KDJ is oversold and trying to turn upwards.
3. Have no idea when a breakout would be. Although is estimated to be around the end of 2022. Would this be an ultimate Alt season or the decoupling from BTC.D?
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