Of course, nobody knows exactly when altcoin season will start, but we can make a prediction by what we see on the charts.
I think we are getting closer and closer to an altcoin season.
We have an ICT unicorn model, a breaker that overlaps with an FVG. We hit the midpoint of the FVG and the 50% level of the range.
I don't trade with indicators and chart patterns, but they do seem to work on BTC.D
— The RSI is overbought and showing signs of weakness. — The Stochastic RSI is also overbought. — We are at the end of a bearish pattern, I am not sure what it's called because I don't trade them. But I am able to recognize them.
Bitcoin has been consolidating between 74k-53k for a few months. I think this is bullish because ''The bigger the base, the harder the rally''
Fundamentals:
The Ethereum ETF got accepted = Bullish for altcoins USA Elections (with a Pro crypto president) = Bullish for Bitcoin and Altcoins High probability of rate cuts= Bullish for Bitcoin and Altcoins Big institutions like BlackRock buying the dip=Bullish for Crypto Germany almost done selling all their bitcoin=Bullish for Crypto
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.