Hi everyone,
Question i get a LOT these days: ''Why BTC flies but most ALTs don't''.
Well that is usually the case, Bitcoin needs to rise first, them some money leaves BTC for ALTs.
Let's look at 3 charts that are in favor of a good ALTs mini-season ahead:
1. ETHBTC on support:
Bitcoin flies first, can ETHEREUM, the second biggest crypto and First ALT follow? Answer is very probably yes.
Shanghai is on but that's not scary news, maybe the contrary: Link
chart:
2. BTC Dominance at Resistance
Good for alts. Some money can flow from BTC to ALTs.
Chart:

3. Crypto Total Market Cap on Support
Chart:
Also note the fundamentals:
Inflation drops, Feds admit they are close (or late) to stop hiking: Link
One Love,
The FXPROFESSOR
Question i get a LOT these days: ''Why BTC flies but most ALTs don't''.
Well that is usually the case, Bitcoin needs to rise first, them some money leaves BTC for ALTs.
Let's look at 3 charts that are in favor of a good ALTs mini-season ahead:
1. ETHBTC on support:
Bitcoin flies first, can ETHEREUM, the second biggest crypto and First ALT follow? Answer is very probably yes.
Shanghai is on but that's not scary news, maybe the contrary: Link
chart:
2. BTC Dominance at Resistance
Good for alts. Some money can flow from BTC to ALTs.
Chart:
3. Crypto Total Market Cap on Support
Chart:
Also note the fundamentals:
Inflation drops, Feds admit they are close (or late) to stop hiking: Link
One Love,
The FXPROFESSOR
📣 Professor’s Public Telegram:
💬 t.me/fxprofessor88
🌐 Website:
fxprofessor.com
🚀 CryptoGPT Trading Agents:
cryptogpt.io/
🌍 Trade FX with Me (TradeNation):
go.tradenation.com/visit/?bta=37306&brand=tradenation
💬 t.me/fxprofessor88
🌐 Website:
fxprofessor.com
🚀 CryptoGPT Trading Agents:
cryptogpt.io/
🌍 Trade FX with Me (TradeNation):
go.tradenation.com/visit/?bta=37306&brand=tradenation
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
📣 Professor’s Public Telegram:
💬 t.me/fxprofessor88
🌐 Website:
fxprofessor.com
🚀 CryptoGPT Trading Agents:
cryptogpt.io/
🌍 Trade FX with Me (TradeNation):
go.tradenation.com/visit/?bta=37306&brand=tradenation
💬 t.me/fxprofessor88
🌐 Website:
fxprofessor.com
🚀 CryptoGPT Trading Agents:
cryptogpt.io/
🌍 Trade FX with Me (TradeNation):
go.tradenation.com/visit/?bta=37306&brand=tradenation
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.