Many alts are breaking their 12 months of accumulation range

Many alts are breaking their 12 months of accumulation range. $AVAX is one of the strongest alt right now. it's looking like it will reach 29 in no time.

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AVAX

28.38

+3.27%

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@Pulihora

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$BTC yearly highs🔥🔥. Hold 38k and we see 40k in no time.

If $BTC holds 38k and form a new 12h range. I think we continue higher. It just need to close above 38k for the next 12h candle and we see 42k anytime soon. Hopefully #BTC do this and gives a window for small alt season.

$MDT . The short was on cards once it rejected 12h range. But unfortunately it was very difficult to time the trade, since it pumped 20 percent just before that violent dump.

$FET , #agix , $RNDR and $DYDX . They have almost same structure . Broken those weekly accumulation ranges after staying there for 12-18 months. Retested after that Bitcoin dump. Had a strong bids at those yellow lines , Resistance became support. continuation for another leg upside now. Same pattern, different charts...

$BTC and $ETH needs to reclaim those Monday highs(blue line) for any upward continuation. Meanwhile most of the alts are bleeding slowly while bitcoin failing to reclaim Monday highs . De-risking altcoin longs until further strength confirmation is not a bad idea here . Looks like, Only Juice left here is Building spot bags of strong alts like #dydx , #FET , #RNDR and #agix , which broke their weekly accumulation ranges recently until further invalidation .

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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}Many alts are breaking their 12 months of accumulation range. $AVAX is one of the strongest alt right now. it's looking like it will reach 29 in no time.

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Many alts are breaking their 12 months of accumulation range. $AVAX is one of the strongest alt right now. it's looking like it will reach 29 in no time.