Friends, according to the weekly TOTAL3 chart (shiftcoin capitalization), we are seeing interesting events! It was previously predicted that in the period from July 8 to August 19, we will see the formation of the correction bottom in the range of 515-490 billion, and, as it turned out, this is really so! The bottom was marked on August 5 at the level of 466 billion.
📉 The decline from the March high to the August low was -40%, but now we see a bullish wedge with successive lower lows and higher highs. At the moment we already have a succession of higher lows and higher highs, and this week we broke out of the bullish wedge by breaking the last high from August 19.
🔝 If we manage to close the week above the local resistance block of 628-583 billion, this level will become support, and I do not expect a fall below it. I recommend buying the future correction to this block, because ahead of us lies the path to 750-705 billion and the psychological level of 1 trillion!
📅 In the next 25-30 weeks, I expect growth to 1 trillion with possible corrections at levels of 750-705 billion, 815 billion and 875 billion. And this is just the beginning! Further growth can take us to 1.36 trillion, 1.65 trillion and even 2 trillion, but for this we first need to consolidate above 1 trillion.
🔥 From October 9th, the altseason will start gaining momentum! Get ready for exciting times in the crypto world! 💰
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