BTC.D looking to decrease -> Altcoin Run until the end of 2024
- Yearly range provided a reversal point with a clean market strcuture shift to the uspide, which price bounced off from to the 50% of the range.
In range trading we call this take profit nr 1.
- Price now usually bounces off a bit from the 50% (which price is currently at) into a FVG (marked in blue) / support level targetting the high of the range.
With the expectation to drop into the fvg, altcoins should witness a push to the upside until the end of the year 2024.
Afterwards we are expecting a rapid upmove of BTC.D to target 2 until the year of 2027, which would result in altcoins bleeding out.
This idea gives us a great confluence with the TOTAL3 chart analysis, which we published before. You should have a look at this as well.
(
In range trading we call this take profit nr 1.
- Price now usually bounces off a bit from the 50% (which price is currently at) into a FVG (marked in blue) / support level targetting the high of the range.
With the expectation to drop into the fvg, altcoins should witness a push to the upside until the end of the year 2024.
Afterwards we are expecting a rapid upmove of BTC.D to target 2 until the year of 2027, which would result in altcoins bleeding out.
This idea gives us a great confluence with the TOTAL3 chart analysis, which we published before. You should have a look at this as well.
(
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.