Welcome to this quick update, everyone.
The total market cap broke out of the falling wedge channel.
Every altcoin I bought when the total was on support is 20% to 30% up already.
The chart shows the possibility of a 100% rally in the market pushing the total market cap to almost $3.5 trillion.
We can also expect a big rally around the altcoin space and BTC as well.
This chart is giving us hints that BTC can break the
46K and eventually $53k resistance in the next few weeks opening the door to the possibility of a new ATH.
Will that happen? I don't know. Time will tell.
The index is trading above both the red and the blue MA as of now which shows the signs of reversal.
It was almost 50 days of accumulation at lower levels.
What we can see now is a beautiful retest.
A green weekly close confirms this scenario.
INVALIDATION:- Losing the lower trendline support and both the MAs daily will invalidate this chart.
What do you think of this chart? Let me know in the comments section
DO hit the like button if you like my work.
Thank you
#PEACE
The total market cap broke out of the falling wedge channel.
Every altcoin I bought when the total was on support is 20% to 30% up already.
The chart shows the possibility of a 100% rally in the market pushing the total market cap to almost $3.5 trillion.
We can also expect a big rally around the altcoin space and BTC as well.
This chart is giving us hints that BTC can break the
46K and eventually $53k resistance in the next few weeks opening the door to the possibility of a new ATH.Will that happen? I don't know. Time will tell.
The index is trading above both the red and the blue MA as of now which shows the signs of reversal.
It was almost 50 days of accumulation at lower levels.
What we can see now is a beautiful retest.
A green weekly close confirms this scenario.
INVALIDATION:- Losing the lower trendline support and both the MAs daily will invalidate this chart.
What do you think of this chart? Let me know in the comments section
DO hit the like button if you like my work.
Thank you
#PEACE
Trade active
The pullback we need is happening as of now.Good time to add some alts to your spot position.
Low-risk high reward.
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Related publications
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.
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Related publications
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.