Take a look at the MACD of the crypto total 2 marketcap chart 🤔

in H4LAB Research • 3 months ago (edited)

1000017523.jpg

Source: TradingView

The MACD is one of an indicator for charts. The crypto total 2 marketcap means the crypto total marketcap except the BTC(Bitcoin) marketcap.

In this cycle, the MACD just started diverging 7 months ago. Will the MACD converge, and the color convert green to red soon? 🤔 I don't think so.

Let's take a look at the past data 🧐 In the previous cycle, the MACD started diverging June 2020, and the crypto total 2 marketcap surged since Jan 2021. That's the moment 8 months later of the MACD divergence.

Honestly, I don't expect an alt rally is coming within 2 months. It would be recovery rather than rally. But, Q4 this year will be likely a bullish altseason. It might be the beginning 🤭

#altseason
3 months ago in H4LAB Research by
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     3 months ago 

    This comment is for rewarding my analysis activities. Upvotings will be proceeded by @h4lab and @upex

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     3 months ago 

    Upvoted! Thank you for supporting witness @jswit.

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       3 months ago 

      Congratulations, your post has been upvoted by @upex with a 100.00% upvote. We invite you to continue producing quality content and join our Discord community here. Keep up the good work! #upex

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