DrDovetail

Altseason finally on the horizon? priceaction above weekly 50ma

CRYPTOCAP:TOTAL2   Crypto Total Market Cap Exclude BTC, $ (CALCULATED BY TRADINGVIEW)
Looking pretty good for alt coins here as we can see price action is now abck above the weekly 50ma. If wee can close 2 consecutive weeks above this orange line here we should see alt season finally underway. we can see we appear to have finally broken out of the red falling wedge we were in here so that should help trigger sustained price action above the 50 ma as well..and of course the head and shoulders pattern as I predicted long ago in previous ideas seems like it will in fact be an obvious bear trap fake out.
Looks good. Do you anticipate significant resistance around the 80B level?
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