AltCoin MarketCap Overdue to Break the 12 Week EMA--Bull Trap?

Long

Crypto Total Market Cap Excluding BTC, $ (CRYPTOCAP:TOTAL2)

CRYPTOCAP:TOTAL2 Crypto Total Market Cap Excluding BTC, $

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Altcoin Market Cap overdue for a break of the 12 week EMA resistance. A break of this EMA would likely lead to a rejection off of the 26-week instead. This bulltrap would be in line with the historical market cycle of executing a bull trap before eventual capitulation.

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