Total 2 Analysis

Total 2 faces huge resistance in the 850B area and is having a hard time breaking through. This is also due to weakness in ETH and mid-cap coins, but there are a few exceptions. Breaking through this level, I think a move into the 950B-940B area is possible. This would lead to a massive growth and stronger altcoins.

Nevertheless, opening new long positions here is riskier as you would be speculating on a breakout move rather than bidding on a pullback more safely. I personally am waiting for this level to turn into support before considering new swing positions.