pedrogarrinhas

TOTAL3 - 1D - It might be Alt time!

Long
pedrogarrinhas Updated   
CRYPTOCAP:TOTAL3   Crypto Total Market Cap Excluding BTC and ETH, $
Not a financial advisor!

After the last price correction, Total3 is reaching a trendline.
Momentum hasn't yet shifted to the upside but but but
I am hopping that a cup and handle that has been formed for the last 3/4 years will perform as expected!!

Let's wait for that momentum to shift at the trendline to confirm that bullish reversal!

Good luck!
Comment:
I am aware that BTC.D is making a double bottom, but USDT.D is reaching a top at any time.
Surely BTC will get the first bids but I am expecting a shift into the alts.

Therefore I am not sure how the BTC.D double bottom will perform!
Maybe this is the BTC run to 100k!

Comment:
After the weekly bearish divergence played out for the last 3 months, a possible Bullish divergence maybe formed, dependant whether this is the bottom or not!

Comment:
Getting close to the support!

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.