ALTS marketcap update:~ 4Hr. Timeframe

is it time to take some profits from this little ALTS session

YES...! I feel so.

bcoz in the above charts you can see the ALTS market cap just broke down the trend line support and now looking to touch the blue box zone for a bounce in coming days

Now if BTC moves in any direction ALTS will see some blood anyways
but it's better to take some money out from this ALTS party

📌 Special Impression: the above chart is on 4hr. time frame, so expect some correction in ALTS for 1-2 days straight, then we might touch the blue zone support and another jump in ALTS market we can expect

Scenario-2 on the above ALTS market-cap update:~ (Black line)

from the 2nd scenario, we see this support here which is pushing back the mcap higher.

So in both cases, we just have to wait, either ALTS gonna keep rising or they will drop 7 - 10%

#TA #ALTSMarketCap @TechnicalCrypto

Following the scenario 1 now ALTS dropping ❌

INS 2 short term targets achieved 🤝👏
22.4489% profit 📈

ZIL hit my pullback buy targets
I'm holding it, are you ?

BTC Update👆

if this support area holds then I am looking at 8500 - 8800 & 9500 targets 👏

BTC slight correction in price but still in a healthy zone for a leg up

as long as we are above 7800, its good to go

See what I said ☝️
Btc jumped

Hit 2 of my targets 🎯

BTC is ahead of a correction, Which I'm 90% sure about

Either we break above $9000
or
We are coming back to retest 7000 - 6500

Reason: Bearish divergence on daily timeframe

wow. is BTC trying to break 9K

but i will wait for some hrs. i wanna see atleast a 4hr. candle close above 9000 - 9020 level for breakout confirmation

See now BTC dip and touched 8500 levels

Here comes the correction 👏

Looking at few alts chart now
let me see what alts looking good to invest 👏

#MFT (Mainframe)
Chart timeframe: 1D

Technical: Indeed MFT is dumping like a shitcoin but imo it's in accumulations phase, and if you look at Daily charts you will see a descending channel which usually breaks out hard.

Fundamental: a Major announcement from MFT is coming on Jun 8 ( Confirmed by coinmarketcal ).

I will suggest to put a small amount on MFT and hold

📊 Buy zone: 41 - 43 sats
📈 Sell zone: 47 - 50 - 54 - 58 - 65
⭕ Stop-loss: If MFT breaks below 40 sats I'm out

#MFT #TA @TechnicalCrypto