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CryptosBatman
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GOLDEN CROSS ON ALTCOINS!
Last time this happened, altcoins exploded 245%.
Get ready! The next leg up could be insane!
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$ETH is gearing up for another run with this megaphone pattern shaping up. The first hurdle is the resistance at $3500, then the major resistance at $4,200. Altcoins will explode right after. Buckle up.
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$TRX looks ready to move. It's holding support strongly and forming a perfect higher lows pattern. Once we break above the $0.30 level, things can escalate quickly. A clear resistance test is on the way. Something is brewing 🔥
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Most people are focused on the $BTC dominance chart, yet they overlook the altcoins dominance chart. Altcoins dominance isn't only back at its bullish trendline, but also sitting on a massive bullish order block. This double element is a killer combo to support a strong rally.
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Bitcoin breakout is loading. Higher lows. Bullish momentum. Clean resistance ahead. Having patience here will be rewarded. This is where most give up and where the smart money steps in. Hang in there. We're going up soon! 🔥
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$DXY → The USD Empire As we all know, the $USD has been tanking quite a lot over the past six months, and many are saying it will go even lower. But let us take a deeper look. Based on price action, the USD has finally come back down to its support area, which is the lower trendline of the parallel channel. Do not be fooled. It is more than just a trendline, it has marked the start of historical USD rallies. While people are accepting the idea of a continued USD decline, the reality is that the USD still stands as the ultimate hedge for investors. This was evident during the 2011 eurozone debt crisis, the 2014 Fed rate hike, the 2021 post-COVID stimulus, and maybe even now with what I believe could be the next catalyst: a disinflation-triggered rate cut, as the economy cools too fast and the Fed cuts rates to stabilize it. So, while I am pro-Bitcoin and crypto, this chart is more than enough proof to remind me that, for now, the USD still remains the backbone of global liquidity.
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