#TOTAL Analysis :
The moving average is respected, 200. Expect this pattern to materialize
target 3.2 T
We see the similarity is clear as shown in the chart. Time analysis shows that there will be a significant rise
is reached the a major resistance zone around$1.40T - $1.48T and showing weakness in LTF and alts too. Well, we can see a retracement in the index now as alts will also take a pullback before the next leg up. Breaking above directly will push the alts aggresively. Index also formed a bull flag pattern which may take time to breakout. We can see new #ATH in alts Market Cap once break is confirmed.
The moving average is respected, 200. Expect this pattern to materialize
target 3.2 T
We see the similarity is clear as shown in the chart. Time analysis shows that there will be a significant rise
is reached the a major resistance zone around$1.40T - $1.48T and showing weakness in LTF and alts too. Well, we can see a retracement in the index now as alts will also take a pullback before the next leg up. Breaking above directly will push the alts aggresively. Index also formed a bull flag pattern which may take time to breakout. We can see new #ATH in alts Market Cap once break is confirmed.