Welcome to this quick market update. In this update, we analyze the alt market cap. Alts market cap forming a double top pattern which is a bearish pattern. Also, RSI shows bearish divergence.
If Alt market cap drops from here then the next support is $1 trillion. So what I suggest is don't overexpose yourself in Alts and put tight stop loss in all your open positions.
If you like this idea then hit the like button and share your views in the comment section.
This is not financial advice. DYOR before investing.
Stay safe. Trade safe.
Thank you.
If Alt market cap drops from here then the next support is $1 trillion. So what I suggest is don't overexpose yourself in Alts and put tight stop loss in all your open positions.
If you like this idea then hit the like button and share your views in the comment section.
This is not financial advice. DYOR before investing.
Stay safe. Trade safe.
Thank you.
Operación activa
Alt market cap followed my chart perfectly. As I told you it makes a double top and it is bearish. Hope you listened. Now there is temporary support at $1.15 trillion if this support is broken then we will see $1 trillion market cap in few days.
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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.
Publicaciones relacionadas
Exención de responsabilidad
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.