The total3 chart printed a high timeframe cup and handle formation and it looks like a breakout is imminent, but we could get some sideways action for a few weeks as well.
The measured move from this formation takes the market cap to $2 trillion, which looks like it will align with the ATH trendline, assuming the pump peaks in 3-6 months.
The BTC.D chart is breaking down as well which is a great sign.
My main concern is the USDT.D chart that's approaching strong support. Will that support stall alt season or stop it entirely? I think there's enough bullish signs to create the momentum that'll make this alt season take off.
Boost this post if you found it helpful.
The measured move from this formation takes the market cap to $2 trillion, which looks like it will align with the ATH trendline, assuming the pump peaks in 3-6 months.
The BTC.D chart is breaking down as well which is a great sign.
My main concern is the USDT.D chart that's approaching strong support. Will that support stall alt season or stop it entirely? I think there's enough bullish signs to create the momentum that'll make this alt season take off.
Boost this post if you found it helpful.
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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。