🐺 big dump before the altcoin season ? 🐺
Hello my friend ! 🐺
Today I open up the chart and see something not honestly good for the market especially for altcoins but why ?
As you can see in the chart , we have ascending triangle which is a bullish pattern but bullish for the BTC.D and bearish for the altcoins and total crypto market , in this special case I can say if BTC.D break above the resistance line , we would defiantly see a massive dump in the altcoin and for the BTC itself we have 3 choices :
first one ; BTC rise and altcoins just playing around and don't move or small pump
secondly we could see a dump in a altcoin market itself
and the last option is a worse one ; we could expect a massive dump in the altcoins and BTC both ; in my opinion this is a possible because if we look back into the history of the BTC , we can see a significant dump before every BTC halving .
Have nice trades my friends ! 🐺
Today I open up the chart and see something not honestly good for the market especially for altcoins but why ?
As you can see in the chart , we have ascending triangle which is a bullish pattern but bullish for the BTC.D and bearish for the altcoins and total crypto market , in this special case I can say if BTC.D break above the resistance line , we would defiantly see a massive dump in the altcoin and for the BTC itself we have 3 choices :
first one ; BTC rise and altcoins just playing around and don't move or small pump
secondly we could see a dump in a altcoin market itself
and the last option is a worse one ; we could expect a massive dump in the altcoins and BTC both ; in my opinion this is a possible because if we look back into the history of the BTC , we can see a significant dump before every BTC halving .
Have nice trades my friends ! 🐺
Trade active:
we are very close to my targets
