ALTSEASON INDICATOR Update
We’re closely watching a key level that has historically marked the beginning of various altseasons — some stronger, some weaker. Right now, things are getting interesting:
A clear triangle is forming on the chart, and there's a high probability of a breakdown.
This could be a typical long squeeze — a shakeout before the real move.
We’ve seen this before: a sharp dip followed by a strong recovery and continuation to the upside.
📉 The triangle may break down — but most likely as a fakeout.
📈 Once the dip is bought back, the real move could begin.
Both intermediate and final targets are marked on the chart and remain valid.
It’s all going to be much clearer soon — for now, we’re watching closely.
We’re closely watching a key level that has historically marked the beginning of various altseasons — some stronger, some weaker. Right now, things are getting interesting:
A clear triangle is forming on the chart, and there's a high probability of a breakdown.
This could be a typical long squeeze — a shakeout before the real move.
We’ve seen this before: a sharp dip followed by a strong recovery and continuation to the upside.
📉 The triangle may break down — but most likely as a fakeout.
📈 Once the dip is bought back, the real move could begin.
Both intermediate and final targets are marked on the chart and remain valid.
It’s all going to be much clearer soon — for now, we’re watching closely.
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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.
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.