#altcoins #BTC Alt season is coming?

Alt season is now becoming the talk of the town as ETH ETF is now approved and the BTC DOMINANCE is falling hard.

BUT don't get too excited just yet as your hasty decisions to get into the alts may lead to evaporating your wallet before the actual season kicks in.

SO WHEN TO GET INTO ALT TRADING?

Well if you are an investor and if you looking to do DCA into alts, this is one of the levels you should get into alts but with just 15-20% of your money.

But if you are a trader in the futures segment ...the time is not right.

BTC DOMINANCE is at its daily support level right now and a bounce may happen from this level,, especially when the hype and euphoria of the ETH ETF is behind us. Ethereum will come down one more time bringing alts down with itself and thus make an entry lucrative into alts.

I am providing 2 images of charts of $BTCDOM. The right place to buy alts is when BTCDOM touches the upper level of the trendline or if it breaks the daily support .

But the real altseason will kick in when BTCDOM will break $2200 and then restest the trendline and keep going down. Expect that to happen when the ETH ETF starts trading and money starts to flow more into ethereum than into BTC

DYOR

TRADE SAFE TRADE SMART

THIS IS NOT A FINANCIAL ADVICE