TOTAL2 - Altcoins Update, filling the gap and continue the trend
382
There are several factors who come into play here and why this chart is most definitely going to remain bearish:
People may need to secure their last money and cash out their altcoins in these difficult times
We took resistance from the breakout triangle (that's my view of the triangle, you may draw it differently)
I drew two red curved lines, the thicker line seems more probable to me, based on overall sentiment and other markets
All in all, a devaluation of the altcoins is FAIR! Why? Because none of them solves a real world problem at the moment. Will it do so in a few years? Probably some, yes.
I don't see a reversal signal for altcoins at the moment.
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.