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Welcome to this TOTAL2 aka ALT MARKET CAP update.
TOTAL2 is forming a channel in daily time frame and currently hovering below the resistance line. We need a clear breakout of this resistance line to go long in Alts. Longing anything at resistance is more risky.
BTC is also entered into the resistance zone of 28k-30k level. From here we might see a decent pullback in the market. Also, we have an FOMC meeting this week.
All these scenarios make this week more interesting and crucial. Don't buy anything here either wait for a pullback or wait for the clear breakout.
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