Looks like a large cup has already formed. In combination with a narrowing wedge, thus down breakout of the uptrend, a small handle could form. This also coincides with the fairly common liquidity grab of an uptrend. Maxi's liquidating overleveraged longs before a final up and up only.
It looks like we are in the mid of the second impulse wave and trying to break the ascending triangle. Total market cap excl BTC is nearing its ATH. When broken its the final confirmation that altseason is already ongoing. Small correction for EW 3-4 end of november and then the final impulse towards end of year. Don't miss out now