This Shows You When The Altcoin Season Starts! (Probably)!

[SuperTA]

Altcoin Season Depends On This

This Chart shows you where and when could altcoin season start. We can clearly see the trending channel here. Between the green channel  lines. So this shows you the altcoin marketcap dominance. At this moment it's near the green trend line where it could potentialy bounce to the upside. Based on the long trend it's very likely that we see a bounce to the upside at the green trendline line area. (currently between 33.44 and 31.25 Altcoin Dominance. Right now it's 34.99 % Altcoin Dominance. This number could be slightly different from the coinmarketcap dominance so you should watch this chart for a potential bounce to the upside. (Altcoin Season).

I would like to say that it's still too early to tell if altcoins will bounce at this trendline or not. We will see that when it gets there, how it's gonna react. It's possible that it doesn't bounce and goes further to the downside. Just watch this important lines and react accordingly.

[cryptonx]

wow, thats a really nice chart
seems the support is strong enough, so i believe a pullback will coming on market capitalizations of altcoins,
and thats mean we will see a lot of altcoin spike up on price soon,

[Ridho_ost]

wow, thats a really nice chart
seems the support is strong enough, so i believe a pullback will coming on market capitalizations of altcoins,
and thats mean we will see a lot of altcoin spike up on price soon,

it looks very convincing in the movement of this chart like a mature correction process and a boming will occur.  I hope that altcoin will soar. Like in 2017 the trail in the future will soar altcoins. I think there will be a big miracle for this year

[SuperTA]

Thank you guys for your comments!

[CLywaTeLb]

Technical analysis is often ambiguous.
In this case, it can be a double top or a head and shoulders with a large left shoulder. If so, the downtrend may continue to level 25.
Although I would not take it seriously.

[SuperTA]

Technical analysis is often ambiguous.
In this case, it can be a double top or a head and shoulders with a large left shoulder. If so, the downtrend may continue to level 25.
Although I would not take it seriously.

Yes, but only cuz of amateur technical analysist. Until the head and shoulders confirms you must not think about that. And not all head and shoulders patterns work, only a few of them. It's on the traders interpretation how he's gonna react. There are amateur technical analysis and a good ones. There's hundreds of different TA interpretations on the same price action. Only the best ones suceed in the long term.

[o48o]

Cool. This is one indicator i have been looking at as well. Even the timing would fit on my plan, but something tells me that this can't be so easy. And then there's that not all altcoins will rise in btc or in usd. Some of them live this zombie half-life and never really die, and some of them just will be disappointments.

[ryzaadit]

I'm still waiting for THIS!!, Come on Altcoin i already holding more than 1 years. I believe the Altcoin will start soon, The party should start now because with this bullish bitcoin momentum altcoin still not showing his movement.

[livingfree]

Meaning to say that we are at hand for the altcoin season base on your analysis and what the charts has shown.

In my opinion there is nothing like that, all the cryptocurrencies will have the same kind market condition when the Bitcoin going to be bullish so now we are at the cryptocurrency bull run.

I reckon, if bitcoin shows the market on how strong it is, the alts would follow its strength and the altcoin market will become as good as bitcoin. Though there will be times that it's only bitcoin that shows strength but afterwards, alts will show theirs.

[WalkerIVIV]

This Chart shows you where and when could altcoin season start. We can clearly see the trending channel here. Between the green channel  lines. So this shows you the altcoin marketcap dominance. At this moment it's near the green trend line where it could potentialy bounce to the upside. Based on the long trend it's very likely that we see a bounce to the upside at the green trendline line area. (currently between 33.44 and 31.25 Altcoin Dominance. Right now it's 34.99 % Altcoin Dominance. This number could be slightly different from the coinmarketcap dominance so you should watch this chart for a potential bounce to the upside. (Altcoin Season).

It looks like true but i have an opinion regarding it and don't you see about how the price of bitcoin is not yet reaching the peak caused by the halving of bitcoin itself?
You can assume if that chart will be bounce at the top again but bitcoin still has a lot of possibilities to increase even more because the halving is not yet come. 

[SuperTA]

Yes, it's possible that altcoins don't bounce at this trendline and go more to the downside. We will see when it gets there!

[Eraldo Coil]

This is a good information and a nice speculation to be begin with. I really hope that the altcoins will push further after this pause since it looks like that bitcoin is taking a break! I hope the down trend won't continue anymore.

[bennguyen]

Yes, Altcoin is now very cheap and will soon rise again. I think everyone should choose a few favorite altcoins and buy it now. Hold it and wait and see the results.

[YuginKadoya]

Well pullbacks such as these can really make great support in getting back up and pump again, But I guess Altcoin season will not last if there is an actual Altcoin season because I just think we only have the bull run season for Bitcoin and Altcoin is just in the shadow of this great cryptocurrency that when it pumps other cryptos will sure take a leap up as well, And that is my opinion regarding Altcoin season, It is all thanks to Bitcoin that are pumping most Altcoins up.

[SuperTA]

It's getting to the trendline! Very close.

[ethereumhunter]

Thank you for the chart. It's really helpful many members on here so we can analyze by our skills. I hope that the altcoin season will start soon after bitcoin rise (or before bitcoin rise). That will be great news if the altcoin season happens because we will go to make a big profit from the altcoin and then from bitcoin. From that chart, yes, it is very close to see what will happen, but I still curious about what next that will happen.

[bitgolden]

Well pullbacks such as these can really make great support in getting back up and pump again, But I guess Altcoin season will not last if there is an actual Altcoin season because I just think we only have the bull run season for Bitcoin and Altcoin is just in the shadow of this great cryptocurrency that when it pumps other cryptos will sure take a leap up as well, And that is my opinion regarding Altcoin season, It is all thanks to Bitcoin that are pumping most Altcoins up.

I think that You are getting it wrong man, if bitcoin is the one that pumps all altcoins, how come altcoins below 100 has been in danger zone for too long, and how many of them have you seen increase other than the top 50 or top 100 in coin market, and probably that is the basis of your judgment.

There will still be altcoins season, and now that most of the altcoins in the market has bottomed again, I think this is the time they are about to start their own bull run, everyone is just waiting for the time that bitcoin will consolidate for the alts too to start surging. One thing you are right about is that altcoins season does not really stay much long in that market unlike bitcoin bull run, and ever investors needs to be fast when the season comes to quickly move our their investment.

[o48o]

Yes, it's possible that altcoins don't bounce at this trendline and go more to the downside. We will see when it gets there!

That would crush some people, and my plans . As i haven't even started to figure out how long would it take to recover the confidence on alts.

[ginobitcoiner]

Hopefully Altcoin can return to show good performance.
I am very happy with this good news, I also really hope this will happen soon, because there are many altcoins that I hold and have not shown significant improvements to date.

[limtjoehua]

Maybe I'm not good at analyzing it, but from the chart you gave it now the altcoin has fallen and after that it's time to wait for the altcoin season to arrive soon.