I always read your publications with interest. Thank you!
Islam_Ambassada
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IS THE TOTAL ALT MARKET BULLISH OR BEARISH?
After posting my article on $BTC , I’ve received numerous messages in the comment section—many of my followers are asking whether they should sell their altcoins to buy lower or keep holding.
What’s going on? What should we expect next
This analysis breaks everything down in a clear and simplified way, so make sure to read from start to finish! 👍❤️..there is several confirmations so take note 🗒️ Let start with BTC dominance chart
As I’ve mentioned several times in my posts, Bitcoin dominance on the higher timeframe, such as the weekly chart, is currently trading at a partial support level 📌. This level has the potential to trigger a correction based on the following confirmations. 1. It is trading on a resistance level just as I have indicated on my Chart 📊 with blue arrow pointing to the both resistance areas
2. The bitcoin dominance has signal a reversal on the zone by giving us a rejection on the zone 📌⬆️. Whatever is happening now is just noise we haven’t seen it correcting yet 👍😁 it is yet to happen just as I have indicated on my chart 📊 this will possible spark ⚡️potential alt market bullish season Someone may ask ⬇️ Why isn’t it happening sooner ? A. It wasn’t happening because it is on the higher time frame ,market has been trading on this zone with noise for about 3 weeks (21) just 3 candles. You must hold on if you are a believer 📌 it is on higher time frame not 4 hours or daily. Here ⬇️⬇️📌 What will be the impact on alt coins ?
Just like I shared previously the previous alt season was also a from a correction which I have indicated on my screen with a blue arrow There is a likely possibility that the coming correction with be almost equal to the previous 👍💥 looking at it from my screen ⬆️
Confirmation on the Total alt market
Here the Total alt market structure ⬆️ already analyzed indicting the cup and handle structure 📌 this structure is an indicator of a potential buy on the market I have used blue and red arrows to tell you the role of the support level and how it has impacted all candles that has trades within it. If you will zoom it ⬆️ you will notice that candles from below on both right and left side trade on equal resistance levels and candles from above are rejecting on same levels 📌❤️ Indicating a buy which will potentially cause alt market to rise
CONFIRMATIONS 1
Noticed that market is trading on both vertical and horizontal support 📌 this indicates the strength of the current level
2.
Here you can see the rejections at the support ⬆️📌 on weekly time frame 💥 This gives us a confirmation of the support role
What next to expect at the zone ? 3.
market is likely buying from the level 📌😊 this will give us strong buy on alt coins 🪙
The total alt market looks entirely bullish 💯❤️ from Bitcoin Dominance to the total alt market confirmation Please hold your potential alt 📌 coins and never sell them This includes $SOL ,$ETH etc and all the potential alt shared on my channel 📌 anticipate for strong bullish move on your coins..the delay is because it is trading on high time frame 📌 keep holding and relax
All your questions are answered here ⬆️kindly read and comprehend 📌📌📌📌📌📌
I have taken time to break the market 📌 kindly give me a like 👍 comment and share to your friends who need this kind of information ℹ️ Also make sure you are following me so that you don’t miss any update 😊❤️
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