mptrading74675

Bitcoin and Altcoins in Different Cycles

Long
BINANCE:SOLUSD   Solana
I want to show that Bitcoin, the older altcoins and the newer coins are in different cycles. While Bitcoin is potentially in its last cycle / wave 5 (retail wave) before its first correction, the older altcoins like ETH, XRP and XLM (also Doge and DGB) are just in wave three. Wave three (institutional wave) can be long and exhausting (see stock charts). The newer coins potentially finished their wave one (smart money wave) and started corrections (wave two).

I noticed people were confused and complained about their cryptos not going up but newer coins rally much faster, so traders have to distinguish what cycle they are in.
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.