mini alt season still not finished - Elliott wave analysis
this mini alt season (wave 4 of the last wave 5 in BTC dominance) is still not finished. It follows an ABC correction, at the moment in wave B (so the BTC dominance is going up at the moment). The main target for the B is indicated in green on the chart and corresponds to a 38.2 retracement of A and a 123.6 retracement of the subwave A of B.
I will be longing alts again at 70.2 BTC dominance. Final targets in red on the chart, which are the targets where you want to long BTC again.
Happy trading!
#BTC
#altseason
I will be longing alts again at 70.2 BTC dominance. Final targets in red on the chart, which are the targets where you want to long BTC again.
Happy trading!
#BTC
#altseason
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.