ALTseason Can Be Around The Corner

Crypto total market cap chart with ticker TOTAL is trying to wake up in the 4-hour chart after a three-wave A-B-C correction, but it’s still below trendline, so there’s no confirmation for the support yet, however, it can jump anytime soon, unless it’s going to retest the lows for wave C during the weekend. Even if we take a look at daily TOTAL2 (ALTcoin) crypto market cap chart which excludes Bitcoin, we can see it trading at nice technical support for an A-B-C correction within wave 4, so sooner or later we should be aware of a bounce and bullish continuation for wave 5.At the same time keep also an eye on OTHERS.D (ALTcoin dominance) weekly chart, which is also showing support for wave B that can be followed by a new rally within wave C, so we believe that ALTseason is around the corner, but firstly we need to see a bullish turn in the Crypto total market cap chart. More By This Author:Is DAX Forming A Bullish Running Triangle?
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