TOTAl ALTCOIN MARKETCAP
1. Horizontal support and resistances are the white lines. Currently flipped weekly resistance to support, immediately testing the next resistance on the chart.
2. White lines coincide with golden pocket zone and is strong resistance. Breaking it will undoubtedly send Altcoins to their 2017 highs respectively.
3. Long a breakout and retest of white line resistance and golden pocket would be ideal, although unlikely to get a retest once we do breakthrough. Best play is to accumulate as many alts as possible at this area looking for new highs and significantly higher levels.
4. Invalidation would be a weekly close below previous resistance turned support.
2. White lines coincide with golden pocket zone and is strong resistance. Breaking it will undoubtedly send Altcoins to their 2017 highs respectively.
3. Long a breakout and retest of white line resistance and golden pocket would be ideal, although unlikely to get a retest once we do breakthrough. Best play is to accumulate as many alts as possible at this area looking for new highs and significantly higher levels.
4. Invalidation would be a weekly close below previous resistance turned support.
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