Crypto|ALTPERP/USDT|Long

Updated
Long ALTPERP/USDT - FTX

1. Update your ATH BTC.
2. Inflow and redistribution of new money in the market.
3. General growth trend of the crypto market.
4. Development of ETH. 2.0.
5. Launch of ETH futures contracts on traditional platforms.
6. Weakening of the BTC dominance level (the idea of BTC.D).

Working out an incomplete ascending pattern formed by the formation of increasing lows and highs.

Strengthening the idea-breaking through the past ATH .

The take zone is determined by the local fibo level of the previous correction.

The stop zone is considered around the trend line (level) of support.

Take level 1289,95.

The risk stop level is fixed in the red zone/below the trend support level.

P.s the red zone around the trend support may shift after the idea is published, in the original it goes along the trend support.
Note
The idea is active, and the support passed the first test.
Trade closed: stop reached
Chart PatternsTrend Analysis

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