#TOTAL Analysis :
The moving average is respected, 200. Expect this pattern to materialize
target 3.2 T
We see the similarity is clear as shown in the chart. Time analysis shows that there will be a significant rise
is reached the a major resistance zone around$1.40T - $1.48T and showing weakness in LTF and alts too. Well, we can see a retracement in the index now as alts will also take a pullback before the next leg up. Breaking above directly will push the alts aggresively. Index also formed a bull flag pattern which may take time to breakout. We can see new #ATH in alts Market Cap once break is confirmed.
The moving average is respected, 200. Expect this pattern to materialize
target 3.2 T
We see the similarity is clear as shown in the chart. Time analysis shows that there will be a significant rise
is reached the a major resistance zone around$1.40T - $1.48T and showing weakness in LTF and alts too. Well, we can see a retracement in the index now as alts will also take a pullback before the next leg up. Breaking above directly will push the alts aggresively. Index also formed a bull flag pattern which may take time to breakout. We can see new #ATH in alts Market Cap once break is confirmed.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.