TOTAL 3 Altcoin Market Cap
Total 3 has seen a significant correction after such a strong move following the Trump Election.
Total 3 has reclaimed key Macro S/R. S/R (Support and Resistance). SR levels are very common to be key inflection points in the market. Typically the biggest moves and reversals are made around SR levels. This particular SR level was previously resistance flipped into support. After the correction price broke below this level and tapped into extreme levels of liquidity. In addition this level was not only tapped but reflipped again.
This for me is very bullish as long as the SR holds as support and is reclaimed. Its quite possible to see new highs from here or atleast a run into resistance and then reject. Personally I am favoring the rejection.
Total 3 has reclaimed key Macro S/R. S/R (Support and Resistance). SR levels are very common to be key inflection points in the market. Typically the biggest moves and reversals are made around SR levels. This particular SR level was previously resistance flipped into support. After the correction price broke below this level and tapped into extreme levels of liquidity. In addition this level was not only tapped but reflipped again.
This for me is very bullish as long as the SR holds as support and is reclaimed. Its quite possible to see new highs from here or atleast a run into resistance and then reject. Personally I am favoring the rejection.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.