TradingShot
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ALTSEASON Merry Christmas with the biggest Buy Signal out there!
First let's start this post by wishing Merry Christmas to the whole community!
It's yet again the total crypto market cap (excluding the top 10 tokens) that we are looking at as this time we have the strongest possible buy signal on the 1M chart! The 1M MA20 (blue trend-line) has completed a cross above the 1M MA50 (orange trend-line). The last time this happened was during the previous Bull Cycle on the most symmetric time possible, December 2020. In the meantime, the 1M CCI was almost at the same level (around 180.00).
This sense of highly cyclical repetition, indicates that the following months could be as aggressive as January - May 2021 for the market, when it topped on the 1.618 Fibonacci extension from the Cycle bottom. If that feat is repeated, we look towards a 1.65 Trillion market cap in 2025. We can't be more bullish for an upcoming Altseason than that!
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
#Altseason #Alts #altcoins #signals #Altcoins👀🚀
It's yet again the total crypto market cap (excluding the top 10 tokens) that we are looking at as this time we have the strongest possible buy signal on the 1M chart! The 1M MA20 (blue trend-line) has completed a cross above the 1M MA50 (orange trend-line). The last time this happened was during the previous Bull Cycle on the most symmetric time possible, December 2020. In the meantime, the 1M CCI was almost at the same level (around 180.00).
This sense of highly cyclical repetition, indicates that the following months could be as aggressive as January - May 2021 for the market, when it topped on the 1.618 Fibonacci extension from the Cycle bottom. If that feat is repeated, we look towards a 1.65 Trillion market cap in 2025. We can't be more bullish for an upcoming Altseason than that!
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
#Altseason #Alts #altcoins #signals #Altcoins👀🚀
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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