Hello Traders 🐺
I know this chart might look familiar to some of you—but honestly, I have to say this is one of the cleanest and most textbook-perfect setups I've ever seen in my professional career. Everything is lining up so beautifully that it almost feels like it’s straight out of a technical analysis course 📘
Let’s start with the RSI:
As you can see, there's a well-defined descending channel on the RSI. What’s interesting is that this channel is in bearish divergence with the BTC.D chart—and it’s been playing out for 742 days (yes, almost 2 years). That aligns perfectly with the fact that Altcoins, even ETH, have been in a prolonged bear market with no serious breakout yet.
📊
But what does that really mean?
Typically, a bearish divergence like this signals that the dominant trend is losing momentum.
And now, BTC.D is testing a major weekly downtrend resistance (the blue line). Once BTC.D loses its first support, we might see a domino effect, where other key support levels break one after another... leading us right into Altcoin Season 🔥
🔍 Let’s talk levels:
📉
On the daily chart, BTC Dominance is potentially forming a Head & Shoulders pattern.
If it breaks down from the channel, we can expect a strong reaction—especially in large-cap Altcoins.
🧠 When does Altseason end?
Good question—and a tough one.
But here’s my take: It's smart to set profit-taking levels before the euphoria kicks in. When everything is pumping, it gets emotionally hard to hit that sell button 💸
If you want my honest opinion:
When BTC.D reaches around 48%, that’s a solid level to take profits on at least 50% of your alt positions.
Why? Because from that zone, there’s a high chance BTC.D will bounce hard, and that could trigger a brutal Altcoin correction 🩸
I hope you found this idea useful!
And as always, never forget our golden rule:
🐺 Discipline is rarely enjoyable, but almost always profitable. 🐺
🐺 KIU_COIN
I know this chart might look familiar to some of you—but honestly, I have to say this is one of the cleanest and most textbook-perfect setups I've ever seen in my professional career. Everything is lining up so beautifully that it almost feels like it’s straight out of a technical analysis course 📘
Let’s start with the RSI:
As you can see, there's a well-defined descending channel on the RSI. What’s interesting is that this channel is in bearish divergence with the BTC.D chart—and it’s been playing out for 742 days (yes, almost 2 years). That aligns perfectly with the fact that Altcoins, even ETH, have been in a prolonged bear market with no serious breakout yet.
📊
But what does that really mean?
Typically, a bearish divergence like this signals that the dominant trend is losing momentum.
And now, BTC.D is testing a major weekly downtrend resistance (the blue line). Once BTC.D loses its first support, we might see a domino effect, where other key support levels break one after another... leading us right into Altcoin Season 🔥
🔍 Let’s talk levels:
📉
On the daily chart, BTC Dominance is potentially forming a Head & Shoulders pattern.
If it breaks down from the channel, we can expect a strong reaction—especially in large-cap Altcoins.
🧠 When does Altseason end?
Good question—and a tough one.
But here’s my take: It's smart to set profit-taking levels before the euphoria kicks in. When everything is pumping, it gets emotionally hard to hit that sell button 💸
If you want my honest opinion:
When BTC.D reaches around 48%, that’s a solid level to take profits on at least 50% of your alt positions.
Why? Because from that zone, there’s a high chance BTC.D will bounce hard, and that could trigger a brutal Altcoin correction 🩸
I hope you found this idea useful!
And as always, never forget our golden rule:
🐺 Discipline is rarely enjoyable, but almost always profitable. 🐺
🐺 KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
Related publications
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.
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
Related publications
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.