Walking a tightrope Real Altcoin Season
News
Global market was start really positive till the bitmex ceos get arrested by CFTC: (Commodity Futures Trading Commission).Then president Trump and first lady got covid positive.
Today futures started day really bad only S&P500 index lost %1.Btc just lost nearly %1 too but we generally lose more when stocks get crash.This is good sign for bulls.
Technical Analysis
1-Since 11 March 2020 we got unbreakable trendline.Now trendline got new test.This test is stronger then ever is it going to hodl or bleeding going to happen?
2-When we broke the before covid high we got nice small alt season.İm looking for new next real altcoin season.
3-There is a inverted cup&handle formation this formation is bearish but today we tested the trendline and rejected strongly(but just wait till end of the day).İf formation is going to happen h1 lost coulde happen.İf we pass this dangerous formation. İm side with stronge bullish path.
indicators&Strategies are supporting bullish right now.GL everyone.
Global market was start really positive till the bitmex ceos get arrested by CFTC: (Commodity Futures Trading Commission).Then president Trump and first lady got covid positive.
Today futures started day really bad only S&P500 index lost %1.Btc just lost nearly %1 too but we generally lose more when stocks get crash.This is good sign for bulls.
Technical Analysis
1-Since 11 March 2020 we got unbreakable trendline.Now trendline got new test.This test is stronger then ever is it going to hodl or bleeding going to happen?
2-When we broke the before covid high we got nice small alt season.İm looking for new next real altcoin season.
3-There is a inverted cup&handle formation this formation is bearish but today we tested the trendline and rejected strongly(but just wait till end of the day).İf formation is going to happen h1 lost coulde happen.İf we pass this dangerous formation. İm side with stronge bullish path.
indicators&Strategies are supporting bullish right now.GL everyone.
交易進行:
Target is close range right now.
評論:
Yesterday we reach the resistance and breakout from there now market cap is waiting bitcoin cooling zone.When dominance start to drop we going to see altseason.
