#ALTMARKETCAP on Support! Keep CALM!
Welcome to this quick update.
ALTMARKET CAP : Reason I have been covering this up again and again and not just a particular coin is the growth of every altcoin depends on this chart.
If it's bullish every altcoin will pump some more some less.
So keep an eye on TOTAL2 So far all looks good.
Daily must close above $508 BILLION rather I would say above 50D MA to continue to the upside.
Be cautious with altcoins, even I am holding some trades in which I forgot to put SL's (I know some of you did that too, it hurts ).
Currently the chart is holding both the MA and the support line.
Need to be careful with BTC.
Stay tuned
ALTMARKET CAP : Reason I have been covering this up again and again and not just a particular coin is the growth of every altcoin depends on this chart.
If it's bullish every altcoin will pump some more some less.
So keep an eye on TOTAL2 So far all looks good.
Daily must close above $508 BILLION rather I would say above 50D MA to continue to the upside.
Be cautious with altcoins, even I am holding some trades in which I forgot to put SL's (I know some of you did that too, it hurts ).
Currently the chart is holding both the MA and the support line.
Need to be careful with BTC.
Stay tuned
Trade active:
The previous post has been dead accurate and perfectly followed my analysis. I am leaving the link below this update please go through that update too.
Closed above $508 and also 10% UP since the post.
This is a 2 hour chart, I believe an inverse H&S breakout is likely here.
Once it does we will see more green in alts.
The only issue here is the 21D MA (purple line) which is around $560 billion now.
We need a close above this level. Once we do added with the Inverse H&S Breakout party will officially be on!
Don't give up on ALTS I reckon we haven't even started yet.
Do hit the like button and support my work. It means a lot to me and keeps me motivated to post more informative and lucrative updates/trade setups for you all!
Follow me for more updates
Stay tuned.
The previous post has been dead accurate and perfectly followed my analysis. I am leaving the link below this update please go through that update too.
Closed above $508 and also 10% UP since the post.
This is a 2 hour chart, I believe an inverse H&S breakout is likely here.
Once it does we will see more green in alts.
The only issue here is the 21D MA (purple line) which is around $560 billion now.
We need a close above this level. Once we do added with the Inverse H&S Breakout party will officially be on!
Don't give up on ALTS I reckon we haven't even started yet.
Do hit the like button and support my work. It means a lot to me and keeps me motivated to post more informative and lucrative updates/trade setups for you all!
Follow me for more updates
Stay tuned.
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