Alts MCAP (TOTAL2) Analysis

2021년 5월 11일

We are either looking at a nasty rejection continuation
Or a double bottom formation and a break of this trendline that has been continually tested (3 times)
Personally the bear scenario sounds more logical to me, yet this is crypto so I accounted for both sides.

The 200MA (yellow line) wont hold if this breaks down. FYI