Hello Traders 🐺,
Over the past few days, I’ve noticed that BNB is outperforming the overall market. After BTC.D consolidation, BNB started pumping, so I decided to publish an idea about it.
When I opened the chart, I saw something magical unfolding—a true piece of art, honestly!
So, as you can see in the chart, history is trying to repeat itself again. Let me explain it to you:
After the formation of a double top , the price enters a consolidation phase, or even better to say, we see a correction. This phase usually coincides with the BTC season, where we observe the formation of a rising wedge.
Then, the final phase begins when BTC.D starts dumping and the altcoin season kicks off. Right now, we are very close to breaking out of the rising wedge! 🚀
( Remember, this is not financial advice, and always do your own research )