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Alt-season

We're a little early to the end gameOBV & RSI peaked at the blow off tops of 2017 and 2013 alike. Not here in 2021... RSI is cooling off, BTC has been chilling, and we got some time to kill. Below is 2019s bull trap. Look at how similar the data is. That's because we're early. 2019 was early. May 2021 is still early. We've got nothing but time until the end game. For now, it's alt season. here is 2017s blow off top // notice how every datapoint peaks at roughly the same spot 2013s blow off top 2013s 'little too early' blow off top
INDEX:BTCUSDShort
by Ungovernable
3
SiaCoin breaking out of major channel and resistance.Looks like Siacoin is ready here to go into a parabolic run for its own. its been grinding the bottom of the channel for quite some time now, and typically this ends up resulting in big parabolic runs upwards, after all the BTC.D keeps dropping and it is already Alt Season, most coins will have a run at some point or another if not all coins. Looks like a potentially good entry early on for Spot, cheap coins can give big gains all in all. PS this is not financial advice, I am only speculating, and having fun with the charts. Trader and invest AT YOUR OWN RISK > DYOR.
SLong
by TitoKnowsBest
21
Bitcoin dominance is in danger?CRYPTOCAP:BTC.D Many people are still talking about upcoming alt-season, however I believe alt-season is here for three month! Many coins made ATH even to BTC pairs. Looking at weekly chart makes me think that we are actually getting close the end of the party. I specified previous alt-seasons in the blue blocks, together with RSI state in yellow blocks. As you can see we still have room on weekly RSI to deep, dominance also broke down the uptrend and went under EMAs. Despite this situation I would be careful with alts. Most likely we see another step up for BTC and keep in mind that as soon as it happens, alts will crash and dominance will sky rocket. Of course overall we got a chance for super cycle and continuation of the alt-season with the slow growth of BTC, but I would not count on that. Let me know what you think in the comments. Good luck!
CRYPTOCAP:BTC.D
by dekotrd
2
Algorand $ALGO analysis - Lovely.Alogrand broke its downtrend and I averaged the move up and put that near the breakout which works for me plenty of times and it shows me here we can go towards 2.10-2.30 , Algorand is currently around 2.4 billion market cap which is a very low market cap. For a project like this. Fundamentals on $ALGO is A-1. I personally think this will be trading around 10-15 billion market cap this year alone. It won't surprise me if it explodes past that market cap. Algo also on the BTC chart shows even a more bullish chart. Check out our ATOM trade and CRV trade we kilt it! Links given to those. #KeepCalmAndAlgoOn
Long
by Clocktivker
1
ALGO, the silent mover, has a lot of room to go UPBeen following this for some time now, and, I think ALGO will surprise us really a lot, its been slowly and steadily building up its bases, this is to be a healthy indication, not some crazy pump and dumps with high volatility, but steady growth from the start indicates strong coin. Targets are in sight. I am a noob trader, so please, this is not financial advice, this is just my theory and practice. Invest at your own risk, and follow your gut feeling.
Long
by TitoKnowsBest
1
$altseason wave 4 retracement- mini alt season before a huge oneEW analsysis of BTC dominance shows that we should be in wave 4 of the last wave 5 of 5. It s synonym of mini alt season, it will be followed by a wave 5 where BTC will pump again against alts, then it will be the crash and a big one. The targets for the wave 4 are in red on the chart. I tend to think the first red line at the 23.6 retracement is the most probable as wave 3 has been in hyper extension, which is most of the time synonym of short wave 4. I would long alts now until the 1st target is reached. Happy trading beautiful people!
CRYPTOCAP:BTC.DLong
by absolutefreedom