WHY I THINK ALTCOINS WANNA PUMP
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!!
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!!
Nota
ATH has been broken. Expect a rocketNota
Dominance almost caught 15%. However not as we expected.You can check my last BTC analysis to know how I expect the upcoming weeks
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.