FieryTrading

đŸ”„ Altcoin's In A Huge Bull-Flag: Break Or Not

CRYPTOCAP:TOTAL3   Crypto Total Market Cap Excluding BTC and ETH, $
Ever since the ETF I've been dominantly bearish on the market. My expectation was that the ETF would be a longer-term top.

However, the short-term looks quite bullish. If TOTAL3 (total altcoin marketcap) can break out of this bull-flag pattern, this could signal a continuation of the bullish trend.

I'm still wary. However, if the market can prove that a reversal is playing out and that the trend will continue, I will naturally switch my bias.

In case of a break out, my target is placed at 585B, which is the first big resistance from back in 2022.

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