Alt Season Engine is Primed!

311
The total3 chart printed a high timeframe cup and handle formation and it looks like a breakout is imminent, but we could get some sideways action for a few weeks as well.

The measured move from this formation takes the market cap to $2 trillion, which looks like it will align with the ATH trendline, assuming the pump peaks in 3-6 months.

The BTC.D chart is breaking down as well which is a great sign.

My main concern is the USDT.D chart that's approaching strong support. Will that support stall alt season or stop it entirely? I think there's enough bullish signs to create the momentum that'll make this alt season take off.

Boost this post if you found it helpful.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.