SAFAR1365

Reversal head and shoulders pattern on weekly time frame

CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
total 2/W

Altcoins index (the total volume of the money market other than Bitcoin)

In the weekly (long-term) timeframe, what the chart shows is the formation of a bullish inverse head and shoulder pattern. Of course, the pattern has not been confirmed yet and it is not possible to comment much on it, there is only a possibility that if this happens, we can see a very good growth in the market as a whole. Of course, altcoins are currently being reformed.

Pay attention, friends, the analysis time is weekly and takes a lot of time...
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.