ADA | BTC | ET | Why ALTSEASON is COMING SOON

20 Haz

After a -34% retracement, ADA is ready to go higher alongside with the rest of the alt market.


We see a very interesting phenomena here, were ADA also represents a large part of the larger alts: BTC pulls back, ETH is starting to increase or trades sideways (before the increase) whilst the alts dip.


This is actually BULLISH for alts, showing the very clear rotation between BTC, ETH and top 15 alts.

If we look at the macro of ANY of the alts I've been working through recently, a similar pattern appears - a clear bottom, followed by a sideways trade. This is usually the point just before the big ALTS season.

We actually see this pattern at the end of the 2018 rally, as well as after the 202- Covid dip:


The bottom line -
ADA and other alts are gearing up for their ALTSEASON. With patience, we will soon see some great gains across the markets.

23 Haz

İşlem aktif

Don't miss this update on an ALT i'm extremely bullish on, COSMOS: