altmarketcap
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ALT M.CAP: JUST DID A RETEST! HODL YOUR ALTCOIN BAG!!
Hey everyone!
If you're enjoying this analysis, a thumbs up and a follow would be greatly appreciated!
What is Total3?
Total3 refers to the total market capitalization of all cryptocurrencies except for Bitcoin (BTC) and Ethereum (ETH). It provides a clearer picture of the overall market health of altcoins, excluding the influence of the two largest cryptocurrencies.
Now, let’s analyze its chart.
If you're worried about the recent dip in altcoins, take a look at this chart. Total3 has broken out from a bull flag on the daily time frame and is currently retesting that flag. If it holds at this retest level, we can expect another bullish rally in altcoins soon.
Don’t be scared by negative news like the war; such situations are temporary, and the market has rebounded many times in the past. Use this dip as an opportunity to dollar-cost average (DCA) into your altcoin positions. If you've already accumulated, just hold patiently.
What are your thoughts on Total3's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
#TOTAL3 #altmarketcap #altcoins #binance #altsesaon #Write2Earn!
Hey everyone!
If you're enjoying this analysis, a thumbs up and a follow would be greatly appreciated!
What is Total3?
Total3 refers to the total market capitalization of all cryptocurrencies except for Bitcoin (BTC) and Ethereum (ETH). It provides a clearer picture of the overall market health of altcoins, excluding the influence of the two largest cryptocurrencies.
Now, let’s analyze its chart.
If you're worried about the recent dip in altcoins, take a look at this chart. Total3 has broken out from a bull flag on the daily time frame and is currently retesting that flag. If it holds at this retest level, we can expect another bullish rally in altcoins soon.
Don’t be scared by negative news like the war; such situations are temporary, and the market has rebounded many times in the past. Use this dip as an opportunity to dollar-cost average (DCA) into your altcoin positions. If you've already accumulated, just hold patiently.
What are your thoughts on Total3's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
#TOTAL3 #altmarketcap #altcoins #binance #altsesaon #Write2Earn!
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#ALT #altocoins #altmarketcap
#ALT market is moving within the 1d falling channel and looks like it will test the channel support and make a return. The decline and return target is 520B. And if it returns from this value, the first target channel resistance value is 640B.
Valid target above 640B is 990B-1T
#ALT market is moving within the 1d falling channel and looks like it will test the channel support and make a return. The decline and return target is 520B. And if it returns from this value, the first target channel resistance value is 640B.
Valid target above 640B is 990B-1T