⚠️ Altcoins at Critical Resistance 📉 Time to Tread Carefully 🚨
Updated
Hey traders! Professor here 👋. Today, let's talk about something crucial: the 'Total 3' chart, which looks at the entire altcoin market minus Bitcoin and Ethereum. 📈
Right now, we're at a significant resistance level on the 8-hour chart. 🛑 No breakout yet, making it risky to jump in. We might see some downside before going up, so keep an eye on the 335B and 319B levels. 🎯
Bottom line: I'm staying cautious with alts for now and leaning more towards Bitcoin. Let's be smart and keep our eyes peeled. 👀
Comments and thoughts are welcome! Let's discuss! 🗨️"
PS. We buy BIG if we see a breakout over the channel!!!!!
One Love,
The FXPROFESSOR 💙
Right now, we're at a significant resistance level on the 8-hour chart. 🛑 No breakout yet, making it risky to jump in. We might see some downside before going up, so keep an eye on the 335B and 319B levels. 🎯
Bottom line: I'm staying cautious with alts for now and leaning more towards Bitcoin. Let's be smart and keep our eyes peeled. 👀
Comments and thoughts are welcome! Let's discuss! 🗨️"
PS. We buy BIG if we see a breakout over the channel!!!!!
One Love,
The FXPROFESSOR 💙
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