CRYPTOCAP:TOTAL2   Crypto Total Market Cap Exclude BTC, $ (CALCULATED BY TRADINGVIEW)
Analyzing the chart of Altcoin Marketcap, the first thing we can mention is that the marketcap has broken though the ascending support and now continue its dump. In this situation, we need to understand where are located support levels. First of all, we have descending support of the down-trend. This support has already shown its strength many times in the past. If marketcap hit this support we can start considering entering altcoins.

Moreover, below the descending support, we have another support which is located at 69 billion. Therefore, we can confidently accumulate altcoins in the zone of 69 - 75 billion. Moreover, there is a bullish convergence which can pump the "price" for a bit which will postpone a break of the descending support.
Work in the team of Crypto Klondike.

Website:
https://klondikevip.com

Public Telegram Channel:
https://t.me/CryptoKlondike

Join Bybit with us:
https://goo-gl.su/ibF9Y

Twitter:
https://twitter.com/Robert_Klondike

Email:
ekstraruto@gmail.com

Comments

Isn't that just a nice looking H&S just waiting to breakdown and spend the last vapour of 2018 hopium that this 2019 bull run has been feeding upon?
+2 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out