WHY I THINK ALTCOINS WANNA PUMP

346
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!!
注释
ATH has been broken. Expect a rocket
注释
Dominance almost caught 15%. However not as we expected.

You can check my last BTC analysis to know how I expect the upcoming weeks

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。