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We knew this day would come.
Boxes breakout season
Up 30% since boxes broken up.
Rose gives you clear/clean charts with simple lines & boxes.
Simple is best. Try to build your trading system with cleanest/simplest approach.
This is one of earliest boxes in alt market
Already up 30%
Bitcoin hit top 100k(CME price)
At this point, BTC is no longer attractive.
We should look for opportunities in Alts.
1/ Early Jan - Trump inauguration
2/ March 25
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Yeah that's why timing market is the most important factor in trading
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The good thing for alts are ETH outperforms BTC.
The key 🔑 is how long will ETH outperform Bitcoin?
If the outperform period is short, It is just a trap.
History has showed ETH actually started outperforming BTC from Lately Dec.
Agust: First Winner: (manipulation by funding rate): REEF RARE
Septermber: Early runners: NEIRO, SUI, TURBO, POPCAT
Oct-Nov: Meme main characters: DOGE PEPE WIF FLOKI BONK PNUT GOAT MOODENG
Bitcoin Bullrun ( BTC SOL DOGE)
Nov: XRP XLM huge run - Garry resigned
Next: Layer2/Utility/Gamefi
There are many tech coins charts forming a rock bottom that is impossible to go lower 😁
That's about market cycle.
2 types of market structure that can print huge green candles in these days.
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For Ex: #XRP chart was given 2 weeks ago.
See result 👆
Technically market structure shows this is just early breakout in these boxes.
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is this alt season as many expected ?
BTC dropped but alts are really strong
Early Jan will be the time for a major correction
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Many alt charts look like this.
It is rock bottom 😂
Feels like Sand will move like Xlm
Find difficult to catch an entry lmao
Next few weeks we will focus on utility/tech/layer12/gamefi alts.
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