Crypto Total Market Cap Excluding BTC and ETH, $Viés de alta
TOTAL 3 Altcoin Market Cap
Total 3 has seen a significant correction after such a strong move following the Trump Election.
Total 3 has reclaimed key Macro S/R. S/R (Support and Resistance). SR levels are very common to be key inflection points in the market. Typically the biggest moves and reversals are made around SR levels. This particular SR level was previously resistance flipped into support. After the correction price broke below this level and tapped into extreme levels of liquidity. In addition this level was not only tapped but reflipped again.
This for me is very bullish as long as the SR holds as support and is reclaimed. Its quite possible to see new highs from here or atleast a run into resistance and then reject. Personally I am favoring the rejection.
Total 3 has reclaimed key Macro S/R. S/R (Support and Resistance). SR levels are very common to be key inflection points in the market. Typically the biggest moves and reversals are made around SR levels. This particular SR level was previously resistance flipped into support. After the correction price broke below this level and tapped into extreme levels of liquidity. In addition this level was not only tapped but reflipped again.
This for me is very bullish as long as the SR holds as support and is reclaimed. Its quite possible to see new highs from here or atleast a run into resistance and then reject. Personally I am favoring the rejection.
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