ALT MARKETCAP (TOTAL2) TECHNICAL ANALYSIS!
Welcome to this quick market update. In this update, we analyze the alt market cap. Alts market cap forming a double top pattern which is a bearish pattern. Also, RSI shows bearish divergence.
If Alt market cap drops from here then the next support is $1 trillion. So what I suggest is don't overexpose yourself in Alts and put tight stop loss in all your open positions.
If you like this idea then hit the like button and share your views in the comment section.
This is not financial advice. DYOR before investing.
Stay safe. Trade safe.
Thank you.
If Alt market cap drops from here then the next support is $1 trillion. So what I suggest is don't overexpose yourself in Alts and put tight stop loss in all your open positions.
If you like this idea then hit the like button and share your views in the comment section.
This is not financial advice. DYOR before investing.
Stay safe. Trade safe.
Thank you.
Trade active:
Alt market cap followed my chart perfectly. As I told you it makes a double top and it is bearish. Hope you listened. Now there is temporary support at $1.15 trillion if this support is broken then we will see $1 trillion market cap in few days.
