Looking for an alt season
After the 2017 highs there was a very profitable Alt season after it dipped.
I'm watching the LINKBTC pairing as my indicator for an Alt season. If it breaks this obvious downtrend line then that will be my signal, and it looks like its preparing to.
I've already packed my bags and cashed out my BTC profits so I'm good either way, but I have no reason to believe there won't be an Alt season. Alt BTC pairs have remained resiliant, and also keep an eye on BTC dominance. It won't take much BTC to pump alts.
I'm watching the LINKBTC pairing as my indicator for an Alt season. If it breaks this obvious downtrend line then that will be my signal, and it looks like its preparing to.
I've already packed my bags and cashed out my BTC profits so I'm good either way, but I have no reason to believe there won't be an Alt season. Alt BTC pairs have remained resiliant, and also keep an eye on BTC dominance. It won't take much BTC to pump alts.
Note
BTC will prob need to range trade for a bit. just not sure if it will happen at its current levels, or at the next support down. Gut shot tells me next support down. But id rather be prepared earlyNote
Things are heating upNote
At first resistant point. Potential for more up.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.