Ok market is really crap atm.
Alts are diving, following BTC recent red candles.
We are looking here the alts market cap
If the black line hold as support (which is not guaranteed) we could see a falling wedge which is usually a bullish pattern.
But be careful, even if this pattern plays out, according to Ichimoku, we would still be in a downtrend, under the cloud.
If it plays out, targets are green boxes.
This is a possibily but be prepared for both scenarios
Take care
Alts are diving, following BTC recent red candles.
We are looking here the alts market cap
If the black line hold as support (which is not guaranteed) we could see a falling wedge which is usually a bullish pattern.
But be careful, even if this pattern plays out, according to Ichimoku, we would still be in a downtrend, under the cloud.
If it plays out, targets are green boxes.
This is a possibily but be prepared for both scenarios
Take care