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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
ALTSEASON: Why Now Is the Time to Buy Altcoins Before It's Too Late
The cryptocurrency market is picking up speed and the current surge in altcoin prices is dynamic. If you are still hesitant to participate in altcoins, this is why you should not postpone any longer. Let's explore the technical details and market signals driving this Altseason. Recollection: Our previous Altseason call Two months ago, on October 18th, we accurately identified the pivot point for the new price increase in the total market capitalization of cryptocurrencies (excluding the top 10 coins). At that time, the market was at a crucial point, and the data clearly showed a breakthrough in price increase. Please provide the text to be translated. Our analysis has proven to be accurate, as the market has entered a strong uptrend since then. The foundation for this price increase was laid in the accumulation phase, a phase that closely reflects the near-perfect cycle of 2014-2017. Cycle comparison: 2022–2025 vs 2014–2017
The similarity of the accumulation phase Pivot trend line: In both cycles, the transition from bear market to bull market has a main trendline that acts as resistance before turning into support. This transition coincides with the formation of the Bull Flag, a continuation pattern. Fibonacci retracement levels: In both cycles, the price has decreased to the Fibonacci retracement level of 0.382, a common retracement point marking the end of the accumulation phase. Moving average support: The MA50 2-week line (blue trend line) provides a strong support level. This is the basis for our buy order two months ago, as it is fully aligned with technical signals. RSI and MACD Fractal: A Reflective Image The RSI and MACD indicators between two cycles show notable similarities: RSI: The relative strength index bottomed out in both cycles following a distinct pattern. This marks the end of the decline and the beginning of sustainable growth. MACD: The moving average convergence-divergence forms a cross-over pattern that shifts from price decrease to price increase in both cycles, indicating a significant market change. Parabol Protest: What's happening right now Currently, the market is in a Parabolic Rally phase, characterized by a strong uptrend (green Channel Up). Here's what to expect: Continuous growth: The market is about to surge, with minimal retreat towards the Fibonacci -1.5 expansion level, a significant resistance zone. Exit signal: Like January 2018, you will want to monitor two main signals to know when the market is peaking: RSI Triple Top: When RSI forms a triple top pattern, it signals overbought conditions and an upcoming reversal. MACD line crosses third price decrease: The MACD line crossing the third price decrease is a significant exit signal. What does this mean to you If you missed the entry point two months ago, it's still not too late, but the opportunity is closing very quickly. Altcoins are entering a period of explosion and the potential for price increase is very high. By linking your strategy to these historical and technical indicators, you can maximize profits in this cycle. Key points to remember: The current price increase is completely in line with the 2014-2017 cycle, providing reliable information on price fluctuations in the future. Technical indicators (Fibonacci, MA50, RSI, and MACD) show that altcoins are likely to continue to grow. Using RSI and MACD models as exit indicators to lock in profits. Don't let hesitation take away your potential profits. This altseason is an opportunity for you to take advantage of the explosive growth of altcoins. It's time to take action before the parabolic price surge reaches its peak. DYOR! #Write2Win #Write&Earn $BTC {spot}(BTCUSDT)