#ALTMCAP Reached $800 Billion Spot on! What's next?

Welcome to this quick update guys.
In my last update, I mentioned the $800 billion target for Altmcap and a green week for Altcoins and it happened.

What do we expect next in this chart?

As per this 2 hour chart ALTMCAP breached the $800 billion mcap and closed above it in 2-hour.
It's highly likely to pump to almost $870 billion keeping in Mind BTC doesn't start fuckery here.

With this rally, Altmcap will reach the top of this rising channel.

During these times it's better to take long /short positions and close ASAP. Holding could be painful here.


What's your thought on this?
Will it pump the way it did before?


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Comment:

ALT MCAP looks good so far.
I think we will see more upside from here.
Resistance is around $823 billion.
Once we break this level 1 Trillion won't be so far!

Comment:

We're near the invalidation level. breaking the rising wedge pattern.

Comment:

Welcome to this quick update.
In my last update, I said if ALT Mcap CLOSES BELOW 738 Billion altcoins will be bearish AND YET WE SAW dump in ALTCOINS but it didn't follow how I expected.
Just shifting a few trendlines and I got the chart above.
Looks like it's still under the channel and a bounce is likely from here.
It will take some time with sideways action or even little pullbacks during the weekend.
Close below this channel could create a panic in the altcoin market with blood everywhere.
Let's hope we see a bounce from here.

Let me know your thoughts on this.


Thanks for reading, Do hit the like button if you like it and share your views in the comment section.

Thank you

Stay safe

#PEACE