Crypto_Burger

Altcoins - Trend Line or Fib Circle - something's gotta give!

CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
Here is a long term analysis of the altcoins market cap. We are sitting on a pretty strong horizontal resistance, but we are being pushed by this fib circle which was never broken before.

As its a 3D chart this will be resolved rather quickly, but as you see many fakeouts in history where we break a line, just to have a massive move on the opposite side in the next candle.

If we do break the fib line and confirm it as support it could be the beginning of a nice mini bull run for alts!
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.