The TOTAL3 chart is currently retesting a key diagonal trendline that was broken previously. This is a classic bullish retest scenario.
If the current daily candle closes green, and is followed by a strong impulsive candle without invalidation, it could signal the start of a new leg upward, right from this zone.
The $900B market cap level remains the key support.
As long as TOTAL3 holds above this threshold, the bullish bias remains intact.
This structure could lead to momentum across the altcoin market.
If the current daily candle closes green, and is followed by a strong impulsive candle without invalidation, it could signal the start of a new leg upward, right from this zone.
The $900B market cap level remains the key support.
As long as TOTAL3 holds above this threshold, the bullish bias remains intact.
This structure could lead to momentum across the altcoin market.
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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.