TOTAL2 Analysis 4HR (altcoin market)Repeating ABCD pattern
Either this occurs or a breakout to the upside out of the channel that has formed on this timeframe
1234 and ABCD are separate formations, with ABCD forecasted to repeat
Linking a longer term analysis of the same ticker for those who are looking to hodl for a long time
Altcoinmcap
#ALTMCAP Reached $800 Billion Spot on! What's next?Welcome to this quick update guys.
In my last update, I mentioned the $800 billion target for Altmcap and a green week for Altcoins and it happened.
What do we expect next in this chart?
As per this 2 hour chart ALTMCAP breached the $800 billion mcap and closed above it in 2-hour.
It's highly likely to pump to almost $870 billion keeping in Mind BTC doesn't start fuckery here.
With this rally, Altmcap will reach the top of this rising channel.
During these times it's better to take long /short positions and close ASAP. Holding could be painful here.
What's your thought on this?
Will it pump the way it did before?
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