Altcoins are about to die...

The alt market cap is testing support of the bearish pennant, when we break support with a confirmed breakdown (retest support as resistance); every altcoin will drop significantly - especially low cap alts. We could see a short term bounce as we have space left in the pennant and only breakdown by the end of the month. Let's monitor what happens...

IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.

Trade closed: target reached:

First target hit! Bear market over? Nope. Up next: more pain.