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SignalCove Altseason Indicator

This indicator tracks Bitcoin dominance and provides insights into different market phases to identify potential Altseason opportunities.

Key Features:
  • Market Phases - divides market conditions into four distinct phases based on Bitcoin dominance levels, from early signs to peak altseason.
  • Clear Visual Cues - highlights each phase with color-coded backgrounds for quick identification.
  • Customizable Thresholds - allows users to adjust Bitcoin dominance thresholds to align with their strategy.
  • Legend for Clarity - includes a detailed legend summarizing each phase for easy interpretation.

How to Use:
  • Monitor the background color and legend to understand the current phase of the market.
  • Use the phase information to guide trading strategies, such as entering or exiting altcoin positions.
  • Adjust the thresholds to suit your preferred risk tolerance or market approach.

This tool is designed for altcoin enthusiasts aiming to maximize returns during periods of reduced Bitcoin dominance.
Chart patternsCyclesTrend Analysis

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