ALTseason Can Be Around The Corner

ALT season could be around the corner, as we see interesting supports and bullish patterns in the ALTcoin total cap chart and ALTcoin dominance.

Crypto total market cap chart with ticker TOTAL is trying to wake up in the 4-hour chart after a three-wave A-B-C correction, but it's still below trendline, so there's no confirmation for the support yet, however, it can jump anytime soon, unless it's going to retest the lows for wave C during the weekend.

(Click on image to enlarge)

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Even if we take a look at daily TOTAL2 (ALTcoin) crypto market cap chart which excludes Bitcoin, we can see it trading at nice technical support for an A-B-C correction within wave 4, so sooner or later we should be aware of a bounce and bullish continuation for wave 5.

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At the same time keep also an eye on OTHERS.D (ALTcoin dominance) weekly chart, which is also showing support for wave B that can be followed by a new rally within wave C, so we believe that ALTseason is around the corner, but firstly we need to see a bullish turn in the Crypto total market cap chart. 

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