Unconfirmed triangle after uptrend channel resistant breakout. BTC is moving really fast to 11,500 - 11,600 USD where a weekly supply is waiting for it, this will probably reject BTC price to send it back to the 8K range (or less).
In the other hand, Total Market Cap excluding $BTC is close to a breakout of a major resistance, that could indicate that Alt Season...
Some dots into the analysis:
- the price is moving in the highest part of the uptrend (with higher highs and higher lows) currently
- So far, SMA400 is acting as resistant
- I'm expecting that between 6050 and 6200 USD we have a lot of buy orders waiting, that mean short sell orders can be triggered in that zone eventually
- Due to that the price would go down...