Is the Altcoin market about to explode?

Those who are into fractals will love this.

The RSI on the 1W Altcoin Market Cap (ex BTC) is posting a similar sequence to the November 2014 – March 2015 price action. The small dip that followed gave way to the start of the bull market on Alts.

Is this an early buy signal on Alts? Are we just 2 months away from the new bullish explosion of the market?

Personally I do believe so. Let me hear your thoughts on the comment section.

Also if you are wondering what Bitcoin looks like on the long run, take a look at this: