TOTAL3 (ALTS MARKETCAP) IDEA.
Crypto Total Market Cap (Excluding BTC & ETH) - TOTAL3 Analysis
The TOTAL3 market cap is currently moving within a descending channel pattern. After testing the lower boundary, the market is showing signs of recovery, trading at 986.21B, with a notable +2.71% increase.
Channel Formation: The price action respects the descending channel boundaries, creating potential swing trading opportunities.
Potential Reversal: The recent bounce near the lower boundary suggests a possible attempt to break the midline or test the upper resistance of the channel.
Watch Levels: A break above the upper trendline could signal a bullish breakout, targeting 1.1T, while failure to hold current levels may lead to retesting the lower boundary around 900B.
The TOTAL3 market cap is currently moving within a descending channel pattern. After testing the lower boundary, the market is showing signs of recovery, trading at 986.21B, with a notable +2.71% increase.
Channel Formation: The price action respects the descending channel boundaries, creating potential swing trading opportunities.
Potential Reversal: The recent bounce near the lower boundary suggests a possible attempt to break the midline or test the upper resistance of the channel.
Watch Levels: A break above the upper trendline could signal a bullish breakout, targeting 1.1T, while failure to hold current levels may lead to retesting the lower boundary around 900B.
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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.