ALTS MARKET CAP ANALYSIS ๐ค
ALTS market cap pumped with a decent volume after the breakout of the descending trendline. However, it faced resistance at both the MA 100 and the Ichimoku cloud levels, leading to a rejection.
Currently, it is in the process of retesting above the trendline, and a successful retest would serve as a bullish confirmation. Conversely, a failed retest would signal a correction in the Alts market.
#crypto2023 #BTC $BTC
ALTS market cap pumped with a decent volume after the breakout of the descending trendline. However, it faced resistance at both the MA 100 and the Ichimoku cloud levels, leading to a rejection.
Currently, it is in the process of retesting above the trendline, and a successful retest would serve as a bullish confirmation. Conversely, a failed retest would signal a correction in the Alts market.
#crypto2023 #BTC $BTC
