Cryptorphic

#ALTSEASON LAST QUARTER Could be Game Changing, Here's Why...

Длинная
Cryptorphic Обновлено   
CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.

The Total2 which shows us the total marketcap excluding BTC.
Looks bullish and we can see an inverse H&S formation.
The candle already broke above the neckline support.
Once we see a daily close above the $1.35 trillion mcap.
It could easily pump towards the $1.65 trillion mcap.
The index is trading above all important EMAs in this 8 hour chart, shows bullishness in altcoins.
Every single altcoin will pump like crazy if this pattern pays out perfectly.
I was bearish a few days back TBH, Since it got rejected from the resistance but eventually rallied again to form the right shoulder of this pattern.


On confirmation I will be posting futures and spot calls soon.
We will not miss the last quarter gains.

Invalidation of this chart will be a close below 21MA, Currently $1.3 trillion.


What's your thought on this?

Do hit the like button if you like this update and share your views in the comment section.

Thank you


#PEACE

Сделка активна:

Weekly shows a massive Cup and Handle in making.
Break and close above $1.48 in weekly will trigger one of the biggest ALTSEASON in the last few years...

Free Telegram Daily Futures signals:- telegram.me/thecryptorphic

Join My ELITE CLUB:- bit.ly/Join_elite
Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.