$TOTAL2ES/BTC Weekly Close AlertA bit concerning seeing CRYPTOCAP:TOTAL2 get rejected at the 50WMA and close below it for the 3rd consecutive week against CRYPTOCAP:BTC
Also flirting below the neckline breakout.
PA is still above the EMA9, which needs to hold to keep momentum.
Saving grace is the bullish divergence on the RSI.
TOTAL2ES trade ideas
Altcoins Psychological analysisAs I’ve said many times, altseason began in 2024 . After a significant correction, we entered the second bullish wave in April 2025 .
As shown in the chart, the orange zone represents the break-even prices for most retail investors. FOMO will begin as we enter this zone, which will encourage whales to dump their coins, since liquidity will be returning to the market. Retail investors may then struggle to exit their positions as theire positions are not so profitable.
To take advantage of this wave, you should reassess your break-even prices and begin selling gradually throughout this ongoing trend.
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