The #altcoins altcoin market cap (TOTAL2) tested the trendline support and bounced from there, as expected. We already suggested accumulating some altcoins during the dip. A bounce in altcoins may occur when BTC stabilizes.
PEPE is trading within a descending broadening wedge pattern and is currently facing rejection at the resistance trendline. Additionally, the Ichimoku cloud is acting as a significant resistance level. A successful breakout from this pattern would provide a strong bullish confirmation.
#BTC.D played well, as per the analysis, with a breakout. Altcoins have a strong correction in the market right now, with that Index reached the recent highs too, again short-term correction will come, so, don't get into the early as it might be a trap.
Price has rebounded from the support area, indicating a potential upward movement. Consider opening a long position near the support area with a tight stop loss.
#BTC.D still hovering below the resistance area forming a Head and Shoulder formation. Well, Index kept on trying to break the resistance, which is not a good sign as alts will dump. Eyes on breakout now, as this might be triple top too, and indicating a correction hint.
$GHST pumping hard and made a high of $2.22 today. That is more than 41% profit from our entry. This is the power 😎
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$GHST /USDT BUY/LONG CALL
Lying above strong support. RSI is showing a bullish divergence. EMA'S are acting as solid support. Stochastic is giving a buying signal. Expecting a big upward move from here.
#ALICE formed a Head and Shoulder pattern and jumped hard in a short span of time. Price taps into a key flip area and also a left shoulder around $1.57 - $1.63. We can see large wick, which indicating the rejection, and a retracement is expected towards the $1.40 and a clean buys after flip.