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FrenchysCrypto

AltCoin Market Cap Has Room to Drop Before Invalidating Uptrend

Crypto Total Market Cap Excluding BTC, $ (CRYPTOCAP:TOTAL2)  
FrenchysCrypto  
CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
Flag Oscillators Moving Averages altcoin Cryptocurrency BTCUSD BTC altcoins Bitcoin (Cryptocurrency)
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flagpattern oscillator movingaverage altcoin cryptocurrency btcusd btc altcoins bitcoin
After testing the 1-Week EMA support level, the AltCoin Market Cap seems poised to further back-test to the 2-Week EMA--a level the bulls must hold in order to keep confidence in the upward trend.

Both stochastic oscillators are exhibiting bullish divergence patterns that have room to complete.
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