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UnBearaBull
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Oh mio dio,
$SOL
sembra così ribassista. 😱
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We're breaking down from the bullish parallel channel through a bearish parallel channel on the BTC dominance chart which is inversely related to ALTs. That obviously means we're entering an ALT season. However, due to the difference in the sizes of the waves, the Bull market for Alts doesn't last as long as the bear market does. But the good news is that the outcome of such breakouts is always parabolic.
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3 month BMS band (historically penetrated): 77,500-81,500 CME gap: 77500 12H Bullish OB: 77000 Weekly EMA25: 79000 1D-MA(99) support: 82500 3D-MA(50) support: 77000 Monthly MA7 support: 77500 Weekly Middle Boll band: 77500 $77500 $BTC is common amongst all these confluences. Now the question is, are we going to have a wick down there or are we being distracted? Sad 😢 react: 77.5k Happy 😃 react: 86k Heart ❤️ react: Bottom already in.
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HTF bullish for #Alts leading to an explosive ALT season. This chart shows both of the possibilities prior to the bullish trigger in the market. Let me know in the comments if you resonate . Do not follow me if you expect trade signals
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Total 3: Increasing Others Cap: Increasing Others.D: Increasing USDT Dominance: Dropping. BTC dominance Dropping. Eth/btc: Uptrend What else do you need to confirm if we are not in the #altsesaon already? Satoshi Nakamoto can't come and dance for you to give a buy signal.
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$SOL 4+ R/R fractal. Thank me later
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