After cross referencing the Altcoin dominance, I noticed with the Stoch RSI indicator a repeating pattern. Once a year the Altcoin dominance would consolidate for a period ranging from 90 - 97 days.
The pattern would either flatten out or make an inverse head an shoulders.
After this consolidation period a short/long term rally has followed everytime without fail.
We may finally be out of this 2 year bear market for alts, lets hope :)
The pattern would either flatten out or make an inverse head an shoulders.
After this consolidation period a short/long term rally has followed everytime without fail.
We may finally be out of this 2 year bear market for alts, lets hope :)
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