Alt season cometh?! Golden cross is days away!

30 Jan 2020

Alt season may finally be here! Looking at the 1 day chart on the Altcoin Market(total2), We can see the current trajectory of the golden cross has it happening on the 7th of february...however we are seeing a big surge in bullish momentum that could move the goldencross trajectory even sooner as price action has broken up out of the green falling wedge here and the target of the falling wedge breakout should take us to 96.63 billion right where a strong horizontal resistance line will be waiting but I believe will eventually be broken. The giant weekly head and shoulders fakeout is finally tired of tricking bears and has capitulated to the falling wedges bullish breakout. We are also seeing top alts like eth xrp and litecoin breaking out right now as well insinuating very bullish price action to come for the alt market.

2 Feb 2020

Catatan

If you hit play on this idea you can see a symmetrical bull pennant beginning to form which tends to carry a much higher bullish breakout probability.