TOTAL MARKET CAP / BTC / ALTS - The Case for Alt Season
REMARKS: Looking at the total market cap of BTC in comparison to the total market cap of ALTs (Below Filled Area), you can really get a sense of the BTC dominance decline. Then however unpleasant it may be to live through these BTC driven sharp market correction periods, seeing the gap between ALTs against BTC close so significantly in such a short timespan, and the thought of an altcoin season right around the corner, makes it all worth it. The market as a whole has some more juice in it and I believe as BTC slides and settles lower, ETH will finish carrying us onwards, and then fireworks for ALTs.
GREEN DAYS:
- 6am-8am CST Hot Bull Trading (5%-15% Gain)
- 1045am-230pm CST Lunch Time Lull Pullback (5% Loss)
- 3pm-530pm CST Asian Market Wakeup (5%-10% Gain)
- 10pm-1130pm CST After Hours Run (5% Gain)
RED DAYS:
- 6am-8am CST Hot Dump on Your Chest Trading (5%-15% Loss)
- 1045am-230pm CST Lunch Time Lull Buying of Morning Dips (0%-5% Gain)
- 3pm-530pm CST Asian Market Wakeup Oh Fuck We Selling? (5%-10% Loss)
- 10pm-1130pm CST After Hours Is it Safe Yet Buying of Afternoon Dips (0%-5% Gain)
GREEN DAYS:
- 6am-8am CST Hot Bull Trading (5%-15% Gain)
- 1045am-230pm CST Lunch Time Lull Pullback (5% Loss)
- 3pm-530pm CST Asian Market Wakeup (5%-10% Gain)
- 10pm-1130pm CST After Hours Run (5% Gain)
RED DAYS:
- 6am-8am CST Hot Dump on Your Chest Trading (5%-15% Loss)
- 1045am-230pm CST Lunch Time Lull Buying of Morning Dips (0%-5% Gain)
- 3pm-530pm CST Asian Market Wakeup Oh Fuck We Selling? (5%-10% Loss)
- 10pm-1130pm CST After Hours Is it Safe Yet Buying of Afternoon Dips (0%-5% Gain)
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UPDATED CHART:
评论:
REMARKS: I think we have until May 13th/14th before we can expect a market pullback correction moment.
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