The last 2 descending triangles look very similar to the one we are currently in.
In my opinion, there are more chances the USDT dominance breaks down the descending triangle which would lead to a nice bull run in cryptos.
If history repeats, we could expect a 40% bull run pushing the TOTAL marketcap from $1.2B to $1.6B.
Potential short term top June 5.
In my opinion, there are more chances the USDT dominance breaks down the descending triangle which would lead to a nice bull run in cryptos.
If history repeats, we could expect a 40% bull run pushing the TOTAL marketcap from $1.2B to $1.6B.
Potential short term top June 5.
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Related publications
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.