TOTAL 3 New Update (1D)

As you know, capital first flows into Bitcoin, then into Ethereum, and afterward into other altcoins. This index serves as a good indicator to understand when altcoins, apart from Ethereum, will turn bullish.

It seems that one more corrective wave remains in this index, which could complete within one of the green zones. After that, we expect to see another bullish wave.

The targets are marked on the chart.

A daily candle close below the invalidation level will nullify this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You