#ALTS MARKET CAP ANALYSIS
It bounced after breaking out descending triangle and currently rejecting from the trendline resistance after hunting stops above it.
A successful breakout of the trendline is the confirmation of bullish trend in ALTS, while continuous rejection will result in another retest of the triangle.
It bounced after breaking out descending triangle and currently rejecting from the trendline resistance after hunting stops above it.
A successful breakout of the trendline is the confirmation of bullish trend in ALTS, while continuous rejection will result in another retest of the triangle.
#ALTS MARKET CAP ANALYSIS
Alts market cap is attempting to break out the big symmetrical triangle. It is breaking out the MA 100 and the Ichimoku cloud is acting as resistance on the trendline of the triangle.
There is a low decreasing volume in Alts for a long time, which could be a sign of a powerful bullish move if it successfully breakout the triangle with an increasing volume.
Alts market cap is attempting to break out the big symmetrical triangle. It is breaking out the MA 100 and the Ichimoku cloud is acting as resistance on the trendline of the triangle.
There is a low decreasing volume in Alts for a long time, which could be a sign of a powerful bullish move if it successfully breakout the triangle with an increasing volume.
#BTC Dominance Playing in Bearish Flag .. Thats Green Light For #ALTs
https://www.tradingview.com/x/jjS3I95u/
https://www.tradingview.com/x/jjS3I95u/
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CRYPTOCAP:BTC.D Chart Image by Savi_2037
#ALTS MARKET CAP ANALYSIS
The ALTS market cap is rebounding from the support trendline of the ascending triangle pattern. The Ichimoku Cloud is acting as strong support, indicating strength. A confirmed breakout of the pattern could trigger a strong bullish rally across the altcoin market.
The ALTS market cap is rebounding from the support trendline of the ascending triangle pattern. The Ichimoku Cloud is acting as strong support, indicating strength. A confirmed breakout of the pattern could trigger a strong bullish rally across the altcoin market.