#Altcoin Marketcap Crucial Time coming! C&H in short term.
Thanks for coming by to this quick update everyone.
Altcoin marketcap is forming a Cup and Handle pattern in this 4 hour chart which is generally bullish in nature.
If it breaks above the black trendline support turned resistance mcap can reach 150 billion which can result in altcoins to rally as high as 20 to 60%.
Rejection would lead to a massive bloodbath in altcoins.
If you ask me which side I am, IMHO Altcoins must follow BTC, BTC Pumps alts bleed and bounce back for further bullish continuation.
Besides BTC Dominance is also getting rejected from the most iomportant indicator I have shown in my previous BTC.D charts which is the 50 Period MA in Daily chart,
Let's wait for onfirmations.
Better to make trade decisions based on facts and charts rather than emotions.
If you like this update please hit that Like button and share your views in the comment section.
Follow me for more updates,.
Stay safe
#PEACE
Altcoin marketcap is forming a Cup and Handle pattern in this 4 hour chart which is generally bullish in nature.
If it breaks above the black trendline support turned resistance mcap can reach 150 billion which can result in altcoins to rally as high as 20 to 60%.
Rejection would lead to a massive bloodbath in altcoins.
If you ask me which side I am, IMHO Altcoins must follow BTC, BTC Pumps alts bleed and bounce back for further bullish continuation.
Besides BTC Dominance is also getting rejected from the most iomportant indicator I have shown in my previous BTC.D charts which is the 50 Period MA in Daily chart,
Let's wait for onfirmations.
Better to make trade decisions based on facts and charts rather than emotions.
If you like this update please hit that Like button and share your views in the comment section.
Follow me for more updates,.
Stay safe
#PEACE
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