Crypto Total Market Cap Excluding BTC and ETH, $āđāļāļīāđāļĄāļāļķāđāļ
ðĨ Altcoin Market Inverse Head & Shoulders: New Alt-Season? ðĻ
The altcoin market, measured by TOTAL3 - the total altcoin marketcap, has been severely underperforming Bitcoin this year.
However, there might be coming an end to the seemingly endless suffering of alts in the coming months. The inverse head & shoulders pattern, which started to form over 1.5 years ago, has broken bullish.
Classically, inverse head & shoulders formations occur at market bottoms and signal the change of a long-term trend.
Can this be the bottom? Potentially yes! Bitcoin dominance is still on the rise, so BTC will likely outperform alts in the near future, but this will end somewhere next year - which will most likely kick off the new bull-season as well.
Exciting times for altcoin traders.
However, there might be coming an end to the seemingly endless suffering of alts in the coming months. The inverse head & shoulders pattern, which started to form over 1.5 years ago, has broken bullish.
Classically, inverse head & shoulders formations occur at market bottoms and signal the change of a long-term trend.
Can this be the bottom? Potentially yes! Bitcoin dominance is still on the rise, so BTC will likely outperform alts in the near future, but this will end somewhere next year - which will most likely kick off the new bull-season as well.
Exciting times for altcoin traders.
ðŊOfficial Channel: t.me/FieryTradingChannel
ðTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
â Monster Signals: t.me/monster_cryptosignals
ðĨPremium Signals: fierytrading.com
ðTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
â Monster Signals: t.me/monster_cryptosignals
ðĨPremium Signals: fierytrading.com
āļāļēāļĢāļāļģāđāļŠāļāļāļāļĩāđāđāļāļĩāđāļĒāļ§āļāđāļāļ
āļāļģāļāļģāļāļąāļāļŠāļīāļāļāļīāđāļāļ§āļēāļĄāļĢāļąāļāļāļīāļāļāļāļ
āļāđāļāļĄāļđāļĨāđāļĨāļ°āļāļāļāļ§āļēāļĄāđāļĄāđāđāļāđāļĄāļĩāļ§āļąāļāļāļļāļāļĢāļ°āļŠāļāļāđāđāļāļ·āđāļāļāđāļāđāļŦāđāđāļāļīāļāļāļīāļāļāļĢāļĢāļĄāļāļēāļāļāļēāļĢāđāļāļīāļ, āļāļēāļĢāļĨāļāļāļļāļ, āļāļēāļĢāļāļ·āđāļāļāļēāļĒ, āļāđāļāđāļŠāļāļāđāļāļ° āļŦāļĢāļ·āļāļāļģāđāļāļ°āļāļģāļāļĢāļ°āđāļ āļāļāļ·āđāļ āđ āļāļĩāđāđāļŦāđāļŦāļĢāļ·āļāļĢāļąāļāļĢāļāļāđāļāļĒ TradingView āļāđāļēāļāđāļāļīāđāļĄāđāļāļīāļĄāļāļĩāđ āļāđāļāļāļģāļŦāļāļāļāļēāļĢāđāļāđāļāļēāļ