It's clear that TOTAL2 faced resistance in 980B level so the dump in most altcoins is no surprise.
Analysis suggests that TOTAL2 is heading for the lower trendline but if the trendline gets broken, intense sell pressure will probably appear in the market and coins will dump more.
If the trendline holds well, it's possible to see some nice pump in the entire market following the breaking of the upper trendline.
Analysis suggests that TOTAL2 is heading for the lower trendline but if the trendline gets broken, intense sell pressure will probably appear in the market and coins will dump more.
If the trendline holds well, it's possible to see some nice pump in the entire market following the breaking of the upper trendline.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.