#altcoins We're probably facing the biggest Altseason in at least 4 years.And the beauty of it? If you look at the history, it won't be long before it starts.Many will only realise it once it's too late.The next targets for TOTAL 2?
â«ïžTARGET 1: $1.27 T
â«ïžTARGET 2: $1.71 T
Once Total 2 is able to break above the old horizontal resistance level at around $1.27 T and hold above it, we'll see a fast move up to the old all time highs of 2021 at around $1.71 T. Above that, is when the REAL Altcoin FOMO begins. At this point $BTC Dominance is already in the process of breaking down and Altcoins will have the perfect conditions to thrive.
#BTC will likely already be above $100k at that point and the overall Crypto market will be in the euphoria stage. Dumb money will begin to enter the space, thinking they are still early in the market cycle.As they will begin to realize how revolutionary Crypto really is, they will become extremely bullish.
This is when the REAL parabolic pumps begin!
It will be normal for Altcoins to just casually 10x in only just a months time...
You'll see old friends suddenly reach out to you for crypto advice...
Risk awareness will completely go out the window...
Coinbase will once again be Nr. 1 in the app store...
Celebrities will get involved with crypto again...
You'll see absurd price targets, for example $1M for $BTC...
âïžSTOPâïž
THIS IS THE TIME TO EXIT THE MARKET!
If you then see these warning signs in the chartsđ
â«ïžLower highs & lower lows
â«ïžTrendlines/patterns broken to the downside
â«ïžRSI/MACD bearish divergences
â«ïžBig candle wicks to the upside
â«ïžBearish engulfing candles
â«ïžDecreasing volume with rising price
you need to take profits!The more bearish technical indicators like this you'll see in confluence on the weekly or daily timeframe, the higher the likelihood that the top is in!
Do not ignore these signs & think this time is different! The next months will be truly life-changing. Stay focussed now and don't get complacentĆ.
The best is yet to come!đ„
#CryptoWatchMay2024