# AlTS

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#ALTS MARKET CAP ANALYSIS
The altcoin market cap is currently trading above a key horizontal demand zone after breaking down from the ascending triangle pattern.
The 200MA is acting as strong support beneath the current price action.
As long as this level continues to hold, we can expect a potential upward rally.
However, a breakdown below both the demand zone and the 200MA could trigger a deeper correction across the altcoin market.
#VitalikOutlinesEthereumScalingPlan $ALT ‌

ALT0,91%

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#ALTS MARKET CAP ANALYSIS
The altcoin market cap is currently trading above a key horizontal demand zone after breaking down from the ascending triangle pattern.
The 200MA is acting as strong support beneath the current price action.
As long as this level continues to hold, we can expect a potential upward rally.
However, a breakdown below both the demand zone and the 200MA could trigger a deeper correction across the altcoin market.
#95%ofAltsBelow200-daySMA

Reward
like
Comment
Repost
Share

#ALTS MARKET CAP ANALYSIS
The altcoin market cap is currently trading above a key horizontal demand zone after breaking down from the ascending triangle pattern.
The 200MA is acting as strong support beneath the current price action.
As long as this level continues to hold, we can expect a potential upward rally.
However, a breakdown below both the demand zone and the 200MA could trigger a deeper correction across the altcoin market.
#95%ofAltsBelow200-daySMA

post-image

3 Likes

Reward
3
3
Repost
Share

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