Alts MCAP (TOTAL2) Analysis

We are either looking at a nasty rejection continuation
Or a double bottom formation and a break of this trendline that has been continually tested (3 times)
Personally the bear scenario sounds more logical to me, yet this is crypto so I accounted for both sides.

The 200MA (yellow line) wont hold if this breaks down. FYI

Altcoin market moving through 1.618


Market Cap Channel Bullflag


TOTAL2 Dip buy above 2.618


Market Cap - Was the last bull run unique?


TOTAL2 Visualized


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