Major altcoin season track idea (inv. Head&Shoulders pattern)

٢٩ نوفمبر ٢٠٢٠

Hello everyone,

This idea is made for easier tracking of possible upcoming major altcoin season.
Some of the altcoins are allready witnessing 50-300% pumps past weeks/months after a 2-3 years of decidline downtrend
This could change in 2021 !

In my opinion Others.D Monthly is painting a huge inverted HEAD & SHOULDERS pattern


Mooving average 200 dominance analysis

Bitcoin dominance possible projection based on wedge patterns

There is also possibility of a different inverted head and shoulders pattern formation as seen below


So I´ve made even the second version chart for your easier tracking guys

ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.

KEYWORDS
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٦ يناير ٢٠٢١

ملاحظة

Well the monthly turned green and looks very good now for the idea to fullyfill

٦ يناير ٢٠٢١

ملاحظة

Closer view and from opposite way (Different look on situation)

٢٠ يناير ٢٠٢١

ملاحظة

٢٧ يناير ٢٠٢١

ملاحظة

MACD is almost crossing bullish and the support line is reached. Bitcoin dominance should bounce here soon otherwise doom

١٣ فبراير ٢٠٢١

ملاحظة

Playing out as expected alts ramming its way up

٧ مارس ٢٠٢١

ملاحظة

monthly is forming 3 white soldiers (we are far from closing) but if it happends then alt szn is very likely about to continue

٣١ مارس ٢٠٢١

ملاحظة

Here comes the end of month. Monthly closing is today in 15hours. Soldiers are still there and they are even stronger with higher high if we close in this range. Closing there is very bullish for altcoins in next months

١٢ مايو ٢٠٢١

ملاحظة

Altcoins thirsty as expected cutting the BTC.D pie