Total2 Heading North To Test The ATH Soon
Everyone flipped bearish so soon. Just days ago we were all heading to the moon and now everybody is expecting a plummet. That is why you have to keep your emotions in check as a trader. The herd is usually wrong so I believe we will be testing the high in Alts MC over the coming days.
Once we get back above the $307B MC and test it as support this move up will happen fast.
My take profit area will be around $450B as I suspect we will experience a correction back down to the $307-307B level before finally launching into space! More on that later, but let's see if this plays out first.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
Once we get back above the $307B MC and test it as support this move up will happen fast.
My take profit area will be around $450B as I suspect we will experience a correction back down to the $307-307B level before finally launching into space! More on that later, but let's see if this plays out first.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
This is my regular chart I use for Total2 but wanted a clean one for this publication. Notice on this snapshot how we are creating the same fractal as back in 2017, which is now entering the Parabolic phase.