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SvarogPerun
Jul 10, 2021 8:45 AM

ALT SEASON still in progress 做多

Crypto Total Market Cap Excluding Top 10 Dominance, %CRYPTOCAP

描述

Hello all after quite long time of choppy mess in the market. This is not financial idea i am posting this just for educational purposes. Always do your own research.

What we can see here is altcoins dominance ratio. If increasing, alts are going up. On this chart - monthly - there is a retest of very strong resistance which flipped in to support... once this support is confirmed by touch of current monthly candle - we can continue much higher for the real alt season. This level MUST hold. This chart means very nice clue what we can expect from the market. As there is a summer market can be lazy a bit but as u already know... anything can happen in crypto world.

Most of alts in BTC pairs are setting up for huge moves upside. BTC is going sideways and i dont think it can go lower because it took already a long time.... which is more like re-accumulation part. Let's see what whales have prepared for us.

Stay safe, stay happy and if you need any help about trades, market, whatever....i am here. Cheers!

评论

Next month can be green as it is drawn on the charts - that would mean very nice gains in alts... lets see... still 21 days to go :)
评论
thesuperhoooman
Well, I guess this is gonna give more rise to alts like now.
Above the previous ATHs?
SvarogPerun
@thesuperhoooman, exactly... remember how much money was printed because of saving economies due to pandemic...and by those money all markets will be pumped in q4
siavashdvm2050
Hello dear
I lost about 70% of my money through this awful correction I have a small charity so my children are suffered
please let me know at your abvious which alt will be going better the next month
SvarogPerun
@siavashdvm2050, education is the key...u lost only if u sold :)
UnknownUnicorn12008170
I 100% agree with you. and thanks a lot for the great explanation.
SvarogPerun
@Ahmed_Boss, u r welcome mate
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