Sykodelic 🔪@Sykodelic_
Altcoins are ready.
For the first time in a long while, they are ready to move.
A few month ago I posted about this setup, and how where we are is much more like 2019/2020 than 2022, and now it is playing out.
There has been several high level data points that I have shared over the months that have shown this, but as usual, the crowd chants "alts are dead".
But now we have confirmation they are not dead.
OTHERS, along will all other Altcoin index's, has just been trading in one large range for several years.
This is because, as shown in many other ways, we have only been part way through the cycle.
This is not a new cycle starting here... we have simply just completed a mid cycle correction.
OTHERS has now confirmed its deviation below the range, just like it did at the highs...
And is putting in a strong candle here, showing us that its moving back into the range with strength.
Both MACD and RSI confirming, along with PMI and liquidity.
It's time.