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

29 Kas 2020

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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6 Oca 2021

Not

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

6 Oca 2021

Not

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

20 Oca 2021

Not

27 Oca 2021

Not

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

13 Şub 2021

Not

Playing out as expected alts ramming its way up

7 Mar 2021

Not

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

31 Mar 2021

Not

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

12 May 2021

Not

Altcoins thirsty as expected cutting the BTC.D pie