This Breakout Will Trigger Massive Altseason!

708
Hello, Skyrexians!

According to your activity we noticed that you are interested in Bitcoin and OTHERS.D analysis. This is not a top secret because everyone wants to know when altseason will be started. In our recent we warned you about drop for altcoins dominance below the support level and it happened next day. Now we have the potentially reversal signal, be need to wait for it's confirmation.

On the weekly chart we can count the previous massive altseason as the wave 3. Previously we considered corrective wave 4 as the triangle shaped, but now it looks like classical ABC. If this is correct, dump on dominance can continue, but the potential reversal signal has been flashed by the Bullish/Bearish Reversal Bar Indicator [Skyrexio]. This signal still has not been confirmed, but if candles will break 9% the huge rally in wave 5 is incoming - true altseason.

Best regards,
Skyrexio Team

___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!

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.