We previously expected another drop in TOTAL3 after touching the resistance zone and stated that the break of the blue trendline shall be the trigger but it didn't happen and TOTAL3 crossed above the resistance level (good news for altcoins!). Just a little higher (around 660B) there's the descending trendline and it's quite possible that TOTAL3 will form a bearish structure and will probably drop afterwards so we should be looking for sell setups in altcoins
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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.