cryptok-eu

TOP5 Alts Trends and Patterns

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Following the same idea previously shared (using the Total Market Cap) I'm also keeping a closer eye on this TOP5 (excluding BTC ). The broadening wedge isn’t perfect nevertheless the resistance is now being tested and it may be a good idea to see how this will play out.

The Total Market Cap already broke some of the identified resistances but nothing is a straight line. Considering this, we should expect more volatility in the next days/weeks but as far as each resistance turns into a support we will keep pushing higher.

As we can see on this chart we may also break this downtrend soon and if we do, everything can start to be a bit crazier… in that case stay cautious and don’t FOMO in. More opportunities will come to buy cheaper (but maybe not below the lower low, we will see).
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Comment:
Comment: Almost 10 days ranging below one of the resistances...

Comment: Some action would be expected and now we potentially have a descending broadening wedge suggesting a breakout...

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One question, how do you add images in your updated comments?
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cryptok-eu ChristiaanvanderMerwe
@ChristiaanvanderMerwe, you need to use this: .....jpg or watheve but you can't use any space.
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