The altcoin market is behaving very similarly to the start of the bull run in 2020. After a long period of accumulation, a breakout, an eventual shakeout, and then… it’s time to take off.
Just for additional comparison: Current TOTAL3 daily chart compared to ETHUSD daily chart from 2020. The similarities are clear. It's time to take it to the next level.
(Token Analysis)
bitcoin
At the moment. It is currently retesting the trend it broke. Such harsh moves are used to explode long and short positions in both directions. As long as this trend holds, there will be no problem.
As long as the trend remains, its target is the 72-73K range.
If the decline continues and the trend is broken, we will follow the nearest support at 67.2K.
BABY 🥳🥳🥳
The profit reached 95% after 8 days. Another goal more important than profit is accuracy. Congratulations to all my friends who follow me.
WIF
At present, our profit continues to remain above 20%. Our first goal is good.
Congratulations to all my friends who have followed me. You can follow our top goals in the order shown in the chart.
FLOKI 🥳
As it stands we continue to take 85% profit from the triangle retest level.
The level I have highlighted in green on the chart is the ATH level where reactive selling could occur.
With this possible reaction you can make a bowl handle as I mentioned in the second picture.
However, as it rises above the green area,
📌The first target will be the triangle target
📌The highest level will be the bowl or bowl handle target.
XAI 💪
It also retested after the trend breakout. It also made a nice inverse head and shoulders pattern.
The day closed at the formation resistance level, but failed to continue due to the decline of BTC in the evening.
However, I think it will be one of the first to rise once the environment calms down. The graphics are good. Track it.
SHIB
Currently, there are no changes in the chart. Accumulation is occurring after the triangle breakout. My targets and expectations remain the same.
WLD
It has a beautiful appearance.
📌A double bottom is formed on the hourly chart.
📌Trying to break the downtrend on the 4-hour and daily charts.
With a possible rise it will target the levels I mentioned in the chart. Watch out.