ALTS are ready to explode after this Golden Cross! DON'T MISS IT

The Crypto Total Market Cap excluding BTC (TOTAL2), which is essentially the altcoin market, just completed a Golden Cross on the 1W time-frame. That is the first such formation since September 14 2020.

As you can see, that was during the middle of the previous Bull Cycle, around the 0.5 Fibonacci retracement level and past the Accumulation Phase (blue Rectangle). The 1W Golden Cross essentially signaled the start of the Parabolic Rally (green Rectangle) 3-4 weeks later, which is the most aggressive part of the Cycle and what is otherwise known as 'Alt Season', the time when alt coins see extraordinary growth.

The similarities between the two Cycles so far are striking. The Accumulation Phase was very long and took place on 1W RSI Higher Lows, a Bullish Divergence that paved the way to the Cycle's Rally. Note that this is only the 2nd 1W Golden Cross of the market, a feat that traders and investors should not miss and take advantage of. As long as the 1W MA50 (blue trend-line) supports, the market will continue to be on the Bull Cycle and enjoy its biggest gains.


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