As we can see there's a very very clear symmetrical triangle that has developed on HTF, and ETH is currently at the resistance. Not gonna lie, I see two possible scenarios playing out, and both are gonna lead to new ATHs.
Either we have one last subwave down before breaking out, retesting the breakout, and then going to new ATHs... or we flat out break resistance, retest the breakout, and then moon. If you're already in ETH just hold, if you're not then the way to play it is to long the retest.
The real thing to take note of though, is if we do get a bullish ETH move into April, then BTC dom will fall heavily as so much of it is weighted into ETH. This means the entire alt space is going to pump. At this point it's pretty convincing April is gonna be another alt season month just like January was.
Good luck fellas. I'm gonna be trading alts aggressively this month, hopefully you are too.
Either we have one last subwave down before breaking out, retesting the breakout, and then going to new ATHs... or we flat out break resistance, retest the breakout, and then moon. If you're already in ETH just hold, if you're not then the way to play it is to long the retest.
The real thing to take note of though, is if we do get a bullish ETH move into April, then BTC dom will fall heavily as so much of it is weighted into ETH. This means the entire alt space is going to pump. At this point it's pretty convincing April is gonna be another alt season month just like January was.
Good luck fellas. I'm gonna be trading alts aggressively this month, hopefully you are too.
Comment:
There's the breakout. Any retrace is an opportunity to buy into your favorite alt coins. April confirmed to be a good month barring major negative news