Hello guys, I hope you all are doing well. Here's a quick update on the total market cap in a daily timeframe.
The new year has been good for the Total 2. On the 1st of January, we saw a bounce back from the support line of $432.16B. If this bounceback is so good to be true then we can expect a close to 16% rally soon. If this rally takes place then altcoins will rally as well.
The invalidation point for this will be the lower support line. If the T2 breaks below this then it is game over for the above-mentioned rally.
I hope this chart will be helpful for you.
Thank you for reading. Trade safely.
The new year has been good for the Total 2. On the 1st of January, we saw a bounce back from the support line of $432.16B. If this bounceback is so good to be true then we can expect a close to 16% rally soon. If this rally takes place then altcoins will rally as well.
The invalidation point for this will be the lower support line. If the T2 breaks below this then it is game over for the above-mentioned rally.
I hope this chart will be helpful for you.
Thank you for reading. Trade safely.
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