We always hate to come out bullish on altcoins. But we are seeing a lot of similar setups happening on the 4hr charts. It’s starting to make us salivate a little bit. So we decided to post this here and then link it out to twitter because it feels better being loaded into one page.
Here is DGB trading against BTC on the 4hr. Note the golden cross, where the 50MA has crossed the 200MA. There is also a clear bull div in the RSI and a nice triangle pattern. We’re feeling bullish here.
Here is SALT trading against BTC on the 4hr. What can you see that reminds you of DGB?
And finally STRAT trading against BTC on the 4hr. What do you think we might see soon?
If you said a golden cross you receive a gold star. If you’re in STRAT right now, you might earn more than that gold star. We’re just saying.
Altcoin Season Act 2?
Is this setting us up for the second act of the altcoin season which arguably started in early December with XVG and XRP going absolutely bonkers? In the spring altcoin season of 2017, XRP and DOGE led the way with DGB doing incredibly parabolic things in a short time period. Will we see a repeat?