Total 3 is the market capital of all crypto excluding Bitcoin and Ethereum.
On the above 5-day chart Total 3 has corrected 70% or thereabouts. Now is a excellent time to be long in your favourite alt-token despite the bearish sentiment. Why?
1) You know why.
2) Price action and RSI resistance breakouts.
3) Support and resistance. Look left. Price action has now double bottomed on past resistance (orange arrows).
4) Point no. 3 is on the golden ratio as measured from the previous market bottom to the last market top. What an excellent signal.
5) The falling wedge and flagpole (large orange arrow) forecasts the market cycle top. Between 10-12x.
6) The bullish divergence. 8 oscillators are printing positive divergence with price action. The settings used are chosen to coincide with crypto market cycles.
Is it possible TOTAL 3 continues to see corrections? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: Depends on the market cap of your token.
Timeframe: Now, don’t hang around.
Return: 10x