MARKET CAP (Excluding BTC) UPDATE VIP--------------------
As you can already see in our Daily chart, our total market cap (excluding BTC has formed and broken our of a higher time frame bullfrog that took is once again to our highs at around $1.38 Trillion.
After breaking this significant resistance (where the bullfrog confirmed its breakout), it also formed a Bearish Harmonic Bat pattern and it’s looking like it could get rejected if it doesn’t break those highs as soon as possible.
What to expect?
Currently our 0.318 Fibonacci support level is holding price action relatively well, meaning that a break and close above our previous highs $1.45 Trillion) on the Daily would invalidate any bearish outlook on the alt coin market and would take ETH and alts flying to at least new mid term highs (if not All Time Highs.
@YJ_CRYPTO_VIP
