WHY I THINK ALTCOINS WANNA PUMP

2021年3月31日

Hellllllllllllllo traderss!

Today I want to bring my thoughts about the current ALTCOIN crypto market.

This is WHY I THINK ALTCOINS WANNA PUMP :

After a globally known 2017 altaseason , the whole crypto market has been correcting all that big and insane movement. ALTS, had retraced from a 12,6% dominance (approx) to a 5% over the last years. which means a 61.8% fibonacci retracement (ABC)

Now, as you may know , the market is killing it. The ALT dominance is brushing the last ATH which is extremely positive.

Therefore, if we take a look on the technical analysis, using the fibonacci extension tool, and embracing the ellitot wave theory, we should see a new breakout of this ATH, estimating a new ATH between 15-22% on the next months.

Let's see how it develops.

See ya next chart!!

2021年4月5日

註釋

ATH has been broken. Expect a rocket

2021年4月22日

註釋

Dominance almost caught 15%. However not as we expected.

You can check my last BTC analysis to know how I expect the upcoming weeks