Inverted H & S Total Alt Coin Market Cap
Should play out the inverted head and shoulder formation in a bull market. Bear markets just seem to ignore them. Looks to me like it's still a Bull Market but let's see how it plays out. Target noted by horizontal line, possible time lines noted in vertical lines.
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Well, this was flat out wrong. Big miss. Bears took over this one. What next?? I don't have a feel for it yet. Looks bearish. Looks can be deceiving. Have to watch the dollar. Cryptos are following inverse to the USD right now like a puppy dog. Risk Off. Rumors of this and that. 21 Wk exp moving average support maybe. If not, ask Chicken Little.