• The analyst identified key indicators that have historically preceded altcoin surges.
• The head and shoulders pattern indicates a potential shift from stablecoin dominance to altcoin rally.
• The confluence of indicators suggests an opportune moment for diversifying crypto portfolios.

In recent analyses, a trader with the Twitter handle @el_crypto_prof has identified two key indicators that have historically preceded an altcoin surge: the emergence of a head and shoulders pattern and a heavily overbought Stochastic Relative Strength Index (Stoch RSI). Over the past three years, this combination has paved the way for the altcoin season on four out of five occasions.

According to the analyst, with its characteristic “W” shape, the head and shoulders pattern has consistently served as a prelude to a …

The post USDT-Dominance Swings as Analyst Predicts Imminent Altseason appeared first on Coin Edition.

• The analyst identified key indicators that have historically preceded altcoin surges.
• The head and shoulders pattern indicates a potential shift from stablecoin dominance to altcoin rally.
• The confluence of indicators suggests an opportune moment for diversifying crypto portfolios.

In recent analyses, a trader with the Twitter handle @el_crypto_prof has identified two key indicators that have historically preceded an altcoin surge: the emergence of a head and shoulders pattern and a heavily overbought Stochastic Relative Strength Index (Stoch RSI). Over the past three years, this combination has paved the way for the altcoin season on four out of five occasions.

According to the analyst, with its characteristic “W” shape, the head and shoulders pattern has consistently served as a prelude to a …

The post USDT-Dominance Swings as Analyst Predicts Imminent Altseason appeared first on Coin Edition.