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Cryptorphic
Feb 23, 2021 5:36 PM

#ALTMARKETCAP on Support! Keep CALM! Long

Crypto Total Market Cap Excluding BTC, $CRYPTOCAP

Description

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

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.
Comments
phobabs
Am holding on so much BTS and am scared of the situation @crytorphic
Cryptorphic
@phobabs, It's better to lower your exposure at breakeven.
Don't gamble please, put 1 to 2% max in one trade. It's a slow process but you won't get rekt ever.
phobabs
@Cryptorphic, thanks so much
phobabs
You are sincerely appreciated...thanks so much
Cryptorphic
@phobabs, Thank you
ogingerone
Great info yet again !!! Not just great signals but spending the time to give us your insight to what's going on and what is needed thank you so much x
Cryptorphic
@ogingerone, Thanks a lot for your kind words
Darkside999
doomed
Cryptorphic
@Darkside999, Is it?
Workman95
You are the best
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