The crypto marketcap (altcoins) long term prospect
Updated
My view is on the chart.
In the short term, there will be a nice rebound to test the Supply Zone in the next few weeks.
In the long term, it's in the Wave 2 consolidation period and the price will shock for around a year, I think.
In comparison with the chart of Total CyptoCap, the Altcoin's chart looks weaker obviously, however, when the 2-year consolidation ends and price breaks up with a great green candle, you will gain significantly in the future bull run.
In the short term, there will be a nice rebound to test the Supply Zone in the next few weeks.
In the long term, it's in the Wave 2 consolidation period and the price will shock for around a year, I think.
In comparison with the chart of Total CyptoCap, the Altcoin's chart looks weaker obviously, however, when the 2-year consolidation ends and price breaks up with a great green candle, you will gain significantly in the future bull run.
Note
Break out! Congratulations to who watched this chart.
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.