This analysis is an update of the analysis you see in the "Related publications" section
TOTAL3 refers to the total crypto market cap excluding Bitcoin and Ethereum.
It pumped from the lower demand zone to the marked red box and has surged by 21%.
We now need a retracement to make the price more attractive.
If the invalidation level and the green zone hold, we could witness another bullish wave.
In this analysis, the invalidation level has been updated. A daily candle closing below this level will invalidate the setup.
Some altcoins are currently bullish, and each chart must be analyzed individually| so be cautious with your short positions.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
TOTAL3 refers to the total crypto market cap excluding Bitcoin and Ethereum.
It pumped from the lower demand zone to the marked red box and has surged by 21%.
We now need a retracement to make the price more attractive.
If the invalidation level and the green zone hold, we could witness another bullish wave.
In this analysis, the invalidation level has been updated. A daily candle closing below this level will invalidate the setup.
Some altcoins are currently bullish, and each chart must be analyzed individually| so be cautious with your short positions.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
This index reacted to our green demand zone and remains bullish.It indicates that altcoins can continue to stay bullish for a few more weeks.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.