$OTHERS: Decision Time for Altcoins

10 thg 7

Decision Time for Altcoins

Unless something drastic changes — like Trump firing Powell and cutting rates to 0% — the chart suggests a potential correction.

MACD is overheated, RSI is overbought, and we're hitting major resistance. An ABCD or extended ABCDEF pattern seems likely, with a upside target around $260B amd a downside support at $230B in total altcoin market cap.

Of course, the market can always choose to ignore the signals and continue its uptrend directly to the next resistance at $260B.

Stay sharp. Let’s see how it unfolds.
DYOR.

#Altcoins #Crypto #Bitcoin #ETH #MACD #RSI #TechnicalAnalysis #CryptoMarket #DYOR #PriceAction

10 thg 7

Đóng lệnh: đạt mục tiêu

Wow — just 8 hours after the post, the upside target at $260B has been hit!
That was fast. No ABCD consolidation, no hesitation — straight to the top.

Now $260B stands as resistance.
The question is: will it hold for more than 5 hours?

18 thg 7

Ghi chú

I posted a follow up here: