$TOTAL 2 - Alt coins have bounced off this important sup level
For those who can stomach this crypto volatility, we have seen the market cap chart of the Alt coins bounce off $600mil this morning. Notice how important this support zone was in 2021 touching it multiple times and bouncing. Also importantly, this is where the anchored vwap zones come in using the December 2018 and March 2020 lows. This is no doubt an important support zone and bulls will want to protect it at all costs to keep Alt coins alive.
Note: Used a LOG chart to show more perspective, but same levels apply on the normal chart.
Note: Used a LOG chart to show more perspective, but same levels apply on the normal chart.
ノート
Apologies, 600billion market cap - not 600million
"If you do what you love, you'll never work a day in your life" - Marc Anthony
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"If you do what you love, you'll never work a day in your life" - Marc Anthony
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。