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Altcoin Exit Signal

👉 This indicator is designed to help traders identify optimal times to sell altcoins during the peak of a bull market. By analyzing the historical ratio of the "OTHERS" market cap (all altcoins excluding the top 10) to Bitcoin, it signals when altcoins are nearing their cycle peaks and may be due for a decline. This is a good indicator to use for smaller altcoins outside of the top 10 by marketcap. Designed to be used on the daily timeframe.

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👉 HOW TO USE: Historically, when the white line touches or crosses the red line, it has signaled that the top of the altcoin market cycle is approaching, making it an ideal time to consider exiting altcoins before a potential decline. While the primary focus is on smaller altcoins, this tool can also be useful for larger coins by identifying trends and shifts in market dominance. The indicator uses a predefined threshold tailored for smaller altcoins as a key signal for an exit strategy.



Disclaimer: As with all indicators, past performance is not indicative of future results. Cryptocurrency trading involves significant risk and can result in the loss of your investment. This indicator should not be considered as financial advice, nor is it a recommendation to buy or sell any financial asset. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Trading cryptocurrencies is speculative and inherently volatile, and you should only trade with money you are willing to lose.
ALTaltcoincoincryptoexitFundamental AnalysispeaksentimentsignalTOPTrend Analysis

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

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