The next 3-4 weeks are expected to be the time for Altcoins
Today, we will analyze the relationship between Total 2 and BTC.D to strategize whether to hold onto altcoins or take profits.
First, BTC.D is undergoing a correction spanning from the daily (D1) to the weekly (W) timeframe and currently stabilizing within the monthly (M) timeframe (December candlestick). This correction is expected to last 4-6 weeks (personal estimate), during which BTC’s market dominance will decrease, leading to slight value declines. The extent of this decrease will depend on TOTAL.
Second, TOTAL 2 is showing a strong bullish cycle across daily (D1), weekly (W), and monthly (M) timeframes (as seen in the chart). This indicates that the coming weeks will be a highly active period for altcoins, especially those exhibiting robust upward structures on the W and M frames.
Feel free to comment if you'd like to receive a curated list of altcoins selected by BOT RAINBOW.
First, BTC.D is undergoing a correction spanning from the daily (D1) to the weekly (W) timeframe and currently stabilizing within the monthly (M) timeframe (December candlestick). This correction is expected to last 4-6 weeks (personal estimate), during which BTC’s market dominance will decrease, leading to slight value declines. The extent of this decrease will depend on TOTAL.
Second, TOTAL 2 is showing a strong bullish cycle across daily (D1), weekly (W), and monthly (M) timeframes (as seen in the chart). This indicates that the coming weeks will be a highly active period for altcoins, especially those exhibiting robust upward structures on the W and M frames.
Feel free to comment if you'd like to receive a curated list of altcoins selected by BOT RAINBOW.
Founder: rainbowsniper.ai (searching trend systme,coming soon) Telegram information: t.me/rainbowmg3 Vietnammese Channel: chat.beincom.com/178aa7279bd5/channels/town-square
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.
Founder: rainbowsniper.ai (searching trend systme,coming soon) Telegram information: t.me/rainbowmg3 Vietnammese Channel: chat.beincom.com/178aa7279bd5/channels/town-square
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.